FMG 1.26% $18.75 fortescue ltd

equity raising, page-8

  1. 130 Posts.
    i thought it was on a fully diluted basis as well, so 238 mio shares issued plus options 3 mio total 241 mio divide by 9 multiply buy 10 gives 268 mio shares after issue of approx 27 mio shares for say USD300 mio at .75 exchange rate is approx A$14-80 a share value,thats how i work it ,correct me if i am wrong guys.
 
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