UMG
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0.00% $4.98 united malt group limited

how do you get to any of these numbers? (not being snarky, just...

  1. jjsmallthings
    19 Posts.
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    23/06/20
    16:35
    Post #: 45398231
    how do you get to any of these numbers? (not being snarky, just new/stupid)

    UMG has outstanding shares 254.30 million, of which he owns 4,000, so 1.574803149e-3 % of the company

    At $3.80 there are ~8 m shares being distributed in the revised $30.6m raising:

    ((4000 / 254300000) * 30600000) / 3.8 = 126.66349318045 = 127 shares = rounded up to 264 because it's below the minimum for dilution

    ?

    thanks
    UMG Price at posting: $4.32 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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