D'Sylva must be happy, he was buying throughout May around the...

  1. 1,333 Posts.
    lightbulb Created with Sketch. 127
    D'Sylva must be happy, he was buying throughout May around the USD 0.40 mark.

    Let's see

    We get 2.6m CBTE shares for 114 BOS [that would have to be pretty much all of them].

    2.6m/114m = 0.0228 CBTE shares per BOS share

    1 BOS share = 0.228 x 0.74 [close price CBTE] = USD 0.01688
    1 BOS share ~ AUD 0.0207 [1 USD = 1.22846 AUD]

    114m BOS = AU $2.36m

    hope that's right. Basically transfering IP to CBTE and our shares maintain value.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.