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4.17% 2.3¢ provaris energy ltd

I may be wrong, but I think they are doing a 100% dilution on SH...

  1. bcsiles
    2,057 Posts.
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    03/10/13
    14:32
    Post #: 12403378
    I may be wrong, but I think they are doing a 100% dilution on SH without options.

    1.5b shares goes to 150m shares
    And they are issuing 150m shares to option holders?

    That means there will be 300m shares on offer. And @ 8m MC
    Will be around 2.7c

    Is that right?
    GEV Price at posting: 5.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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