Keep in mind MAG only own 60% of pre-IPO. If pre-IPO value is $10m and post IPO MC = $20m after raising $10m (assuming no premium), then MAG still only owns 60% of the initial $10m pre-IPO.
Ann: Magmatic to demerge Moorefield project and IPO, page-123
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Mkt cap ! $26.27M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 6.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 198549 | 1 |
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