CQT 0.00% 51.5¢ conquest mining limited

By my calculations ( roughly), The new entity Evolution, should...

  1. 522 Posts.
    By my calculations ( roughly), The new entity Evolution, should have a combined market cap of $1bill.
    The number of shares on issue is around 460 mil.

    So the share price shoudl be easily above $2.00 - $2.15 range.

    So why is only $1.74.

    Am I missing something in my sums????????????????
 
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