LEG 0.00% 1.3¢ legend mining limited

Ann: Sale of Woodley Project , page-5

  1. 60 Posts.
    I valued the transaction as follows:

    $100k cash +
    3.3m shares at 20c (assumption) each = $660k +
    1.65m options exercisable at 20c valued at 5c (assumption) = $82.5k

    Total = $842.5k

    Obviously there are a few assumptions around share price and option value but IMO there or thereabouts.
 
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