CPH
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0.00% 0.9¢ creso pharma limited

Ann: Notice of General Meeting/Proxy Form, page-16

  1. freshtesh
    594 Posts.
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    23/12/20
    07:28
    Post #: 49769241
    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.

    Last edited by freshtesh: 23/12/20
    CPH Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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