This is my opinion. I am not an expert, not a broker, not a trader. I take positions and hold or accumulate...now i am accumulating TLs
Now to your question
Current Structure:
Ordinary Shares 936,879,165
Notes 18500 face value $13.5.
Proposed Structure:
Ordinary Shares 936,879,165
Notes 18500 face value $13.5= $250,020,000.00 odd
post conversion new shares at .15c each.. 1,666,800,000 which gives
total 2,603,679,165
Rights 325459896
new Total 2929139061
/10 292913906 (new total divided by 10)
Market Capitalisation at todays prices..
$399,920,666.40
and so the estimated price of each share post reconstruction...is $1.37
IMO
thanks for the question
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Change
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Mkt cap ! $1.907M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 981594 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 103734 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 981594 | 0.006 |
1 | 166833 | 0.005 |
1 | 1000999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 103734 | 2 |
0.015 | 80000 | 1 |
0.025 | 199885 | 1 |
0.050 | 5400 | 1 |
0.000 | 0 | 0 |
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