1 Calculated with reference to 30 day VWAP for Respiri Shares as at close of trade on 28 April 2021, being 15.77¢, divided by the proposed offer ratio of one (1) Respiri Share for every seven (7) Adherium Shares held (ie 15.77¢ ÷ 7 = 2.25¢).
So Paddy0 if you don’t accept this calculation might I turn the tables then.
ADR ‘s share price of 1.5c (last price before RSH offer and raising per share) surly wouldn’t last longer than a week.
Without RSH’s offer and issuing another billion of shares do you really think ADR will ever be above 1c?
Not possible for quite a few years if ever!
Besides that your argument has nothing to do with my calculations coming to a figure of 43m.
Ann: Proposed issue of Securities - RSH, page-23
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Change
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Mkt cap ! $38.54M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 800000 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 508500 | 3 |
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