ASM 3.11% 78.0¢ australian strategic materials limited

Ann: USD 15 m Subscription Agreement at AUD 8.90 per share, page-64

  1. 1,770 Posts.
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    Correction 8.81%

    Current Shares 139,500,000

    Bought $15,000,000 @ $8.90 = Plus 1,685,393
    Assume the next $105,000,000 will be at the same price. Add another 11,797,753 for a total 13,483,146

    13,483,146 Divided by total shares now on issue (152,983,146) = 8.81%

    10% was of the original shares on issue. The valuations were based on the new diluted number of shares








 
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