SBL 0.00% 0.1¢ signature metals limited

i calculate this offer at 33.6 shares SBL = 1 Lion gold i.e...

  1. LZA
    1,858 Posts.
    i calculate this offer at 33.6 shares SBL = 1 Lion gold i.e 2,704,575,000 over 80,409,000 = 33.6 to 1, but not sure how they derive the 86 cents Singa$ as the valuation.

    are my calculations correct?
 
watchlist Created with Sketch. Add SBL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.