Is this correct?
Market Cap = $134m
Share Price = $0.19
Therefore total shares = 705,263,157
Looks like today’s general meeting at 2pm will vote on issuing roughly 100,000,000 new shares. Will this dilute the share pool by 14.3%?
15 day VWAP = $0.189
25% discount = $0.142
Are these numbers correct?
Hoping someone can help with the significance of these numbers. I’m a new investor with 300k units of CPH.
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- Ann: Notice of General Meeting/Proxy Form
Ann: Notice of General Meeting/Proxy Form, page-16
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