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1.6¢ sky and space company ltd

Ann: Founders Commit to Additional Escrow Period, page-85

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18/05/18

22:46

Post #: 33203233
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Originally posted by aniesbaswedan ↑

To make things clearer,

Assuming demand is uber strong and SP somehow manage to remain 9.1 cents then...

If at present we have 1.8 billion shares trading at 9.1 cents then that would make the MC 163.8 million. If we dilute using the 1 billion then that would reduce the SP to 5.585 cents. A reduction of around 39 percent.

In actuality we have 760 million shares trading at 9.1 cents. So a market cap of 69.16 million. If we dilute using the 1 billion then that would reduce the SP to 3.93 cents. A reduction of around 57 percent.

That is a difference of 22 percent.

That is what I meant. I think you confused your numbers a bit there but I think you get the point now.

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" If we dilute using the 1 billion then that would reduce the SP to 5.585 cents. A reduction of around 39 percent."

That is not correct. The market does not go down based on new shares issued divided by shares on issue.

You are suggesting it does.

Please try to understand how stock exchanged equities are valued.

SAS Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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