OM1 0.00% 7.8¢ omnia metals group ltd

OM1 current total SOI is 56,525,611New shares to be issued under...

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    OM1 current total SOI is 56,525,611
    New shares to be issued under this takeover is 166,666,667
    Total SOI after takeover is 223,192,278

    OM1 current Market cap. at last closing price A$0.078 is A$4.409m
    1. DG market cap. at 24/10 (C$0.09) is A$2.63m
    2. DG market cap. at last closing price C$0.25 is A$7.32m
    3. DG market cap. at 600 premium to C$0.09 is A$18.41m

    If the market value this after the takeover
    1. A$2.63m + A$4.409m = A$7.039m / 223m = A$0.031 s/p
    2. A$7.32m + A$4.409m = A$11.729m / 223m = A$0.055 s/p
    3, A$18.41m + A$4.409m = A$22.819m / 223m = A$0.105 s/p

    The C$3m cash consideration (roughly A$3.5m)
    Their cash position should be around $3.5-$4.5m by end of last quarter (will find out next week)
    If they use up all the cash then they will need to do another CR now for the upcoming drilling
    but the TH notice didn't mention about CR so don't know how they are going to fund this without capital raising.



 
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