TMT technology metals australia limited

Hi All,Can someone please confirm my maths?AVL current SOI is...

  1. 4,379 Posts.
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    Hi All,

    Can someone please confirm my maths?

    AVL current SOI is 4.4 billion shares. plus the latest placement of 603 million shares. = 5.003 billion shares.

    So if TMT was hypothetically going for a 50/50 split?

    TMT under a 50 / 50 deal would be = 5 billion / 254,000,000 (TMT current SOI) = 19.68 to 1 would need to be the deal for TMT to gain a 50 / 50 deal. Best round that up to 20 to 1.

    Someone quoted 8 billion shares on issue is actually 10 billion after the merger takes place???

    So does that mean AVL shareholders will actually face 50% dilution after the deal is done also??

    Cheers,

    Troydt

 
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