ADG 0.00% 0.7¢ adelong gold limited

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

  1. 1,687 Posts.
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    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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