EMR 1.45% $3.51 emerald resources nl

Some one correct me if I'm wrongTotal shares on issue 84mOptions...

  1. 450 Posts.
    Some one correct me if I'm wrong

    Total shares on issue 84m
    Options to be converted 22.5m

    Total shares if all options converted 106.5m

    106.5m x .22c = 23.5m (market cap)

    Cash on hand = 2m
    options converted 22.5m x 20c = 4.5m
    US funding = 25m(US) 26.5m(AU)

    Total cash on hand would then be 33m with a market cap of 23.5m at present price with all options converted.

    From that I think EMR are looking very strong and can only really go up from here.


    DYOR


    DYOR
 
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