MRG 0.00% 24.5¢ murray river organics group limited

Murray River Organics in $25m rescue raising at 1.5 cents per share, page-4

  1. 23 Posts.
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    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.
 
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Currently unlisted public company.

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