ZLD 5.96% 80.0¢ zelira therapeutics limited

Ann: Zelda to merge with US-based Ilera Therapeutics, page-54

  1. 7,172 Posts.
    lightbulb Created with Sketch. 2728
    Yeah how so?

    Currently ZLD 757 million shares on issue.

    This Deal is giving illera
    113.6 mill fully paid shares off the bat
    then 362.6 million after making $1 million in sales (sales not profit, sales)
    then another 362.6 million after $2.5 million in sales (again sales.)

    So in total its 838.8 million shares, MORE than half of all issued capital.

    My maths is on point. Might go over your head, dunce.
 
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