BMO 0.00% 0.6¢ bastion minerals limited

market cap

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    What is the new M/Cap of the new company going to be?

    From the ann. my reading of it is thus:

    There will be a consolidation of BMO shares 20 to 1.

    At current price this will equal 30c per share (1.5c x 20)

    Each of these 30c shares will buy 1 share in new Co.

    There will be 550M of these shares on issue in the new company:

    ie M/Cap = 550m x 30c= 165M M/Cap

    Please correct me if i have this wrong...Sabre you say the M/Cap is still under 10M....have i misunderstood the ann??

 
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