MCT
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11.4% 3.1¢ metalicity limited

Ann: Metalicity Proposal to Nex Metals Shareholders, page-13

  1. justinr
    770 Posts.
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    14/09/21
    11:08
    Post #: 56044945
    If you buy 1 mil share of MCT at .011 this will cost $11,000
    If you buy $11,000 worth of NME at say .045 this will get you 244,444 share then after conversion of 4.81 MCT share for every 1 NME shares you end up with 1,175,777 shares of MCT. So an extra 175,777 for free.
    So at this stage why would you wait in a que for MCT when you can just buy the NME now cheaper?

    MCT Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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