CHP 0.00% 0.5¢ chapmans limited

Chapmans - What we Know (#2), page-23

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    l.j am interested in how you get "7.3m which is about fair value" ?

    part of placement shares were issued yesterday $1.121mill. with another $879k up their sleeve (for a total of 346,050,000 shares) to issue. Current m.c $6.3 mill., last reported NTA was 0.068 = m.c. $20.4mill., so you would think fair value (after issue of all placement shares) is s.p of 0.059.
 
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