ADG 0.00% 0.4¢ adelong gold limited

Ann: IPO of Cosmo Newbery Gold Project, page-45

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  1. 1,709 Posts.
    lightbulb Created with Sketch. 200
    It all totally depends on what they value the IPO at.
    How many shares they try to raise at what price.
    If they value the IPO at $15m, on a per share basis for DDD it adds .0015 to every share (approx).
    Obvs if that price rises once listed, then that value appreciates.

    Those calcs assume that the 30% in the new entity are divvied up evenly among DDD shareholders on a per share basis.

    Personally if they get it done quickly and it adds that much value, with potential upside, its adds value a lot quicker than what exploring it themselves, after a probable large diluting would be capable of.

    Sorry, that was a reply to you zomed, didnt work for some reason.
    Last edited by Uttsy: 27/08/20
 
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