Farmboy, market is currently valuing total company at $59mil...

Farmboy, market is currently valuing total company at $59mil market cap at $0.062 per MEJ share which is equivalent to $0.354 per share for DigitalBTC shares on an undiluted basis.

You work this out by:
1. Calculating what the consolidated MEJ share is worth. If you currently hold 5.715 MEJ shares that the market is pricing at $0.062 per share (which will be converted to 1 DigitalBTC share), then your consolidated share is worth 0.062 x 5.715 = $0.354 per 1 DigitalBTC share.

2. Now that you have worked out what the market is currently valuing 1 DigitalBTC share, you can work out the value of the whole company. They disclosed that the indicative share structure will be 166,341,236 DigitalBTC shares on issue at the end of the day. This means the market cap of the company is 166m DigitalBTC shares x $0.354 = $59mil.

All shares rank equally. The capital raising shares = MEJ consolidated shares = shares issued in respect of DigitalBTC. Despite the capital raising being done at $0.20, the market is saying those shares are worth $0.354. This is the theoretical share price of 1 DigitalBTC share at the shareprice of $0.062 for 1 MEJ share (bear in mind that 1 DigitalBTC share = 5.715 MEJ shares).