So some quick math, correct me if I'm a mile off.
Cash being raised via shareholders $2,000,000
Divided by the offer price of $0.032
Equals shares on offer of 62.5 million
Let's say the whole registry jumps in. I th8nk Bricky mentioned about 10,000 holders so that's what I'm going with.
= 6,250 shares available to every holder or $200
Yes I know not everyone will subscribe.
There have been a couple of comments on here that this is a token gesture from management in the offer to us.
The last placement @0.26 was massively over subscribed. At the last AGM management acknowledged how passionate ADO shareholders are and were taking that on board along with the lack of communication from previous management. Hmmmm
If my numbers are even close. I'm not inspired by management participating
So some quick math, correct me if I'm a mile off.Cash being...
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| Open | High | Low | Value | Volume |
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