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
post reconstruction
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.179M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 981594 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 80000 | 1 |
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