Sorry yeah, i needed to correct it but was unable to edit it. But here we go: I worked out the theoretical diluted price for a 3.843:1 issue would be $0.022 per share. That's a 56% discount on the current price of $0.050 — assuming there is currently 433,761,091 shares on offer, and not counting the 105,035,248 shares going to Arrow as part of the entitlement offer, or options converted before the entitlement offer.
MRG Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
