Sunday Morning Maths

Theoretical Diluted Price =
Where:

• O = original number of shares
• OP = Current share price
• N = number of new shares to be issued
• IP = issue price of new shares

Therefore in the case of TON:

	Column 1	Column 2	Column 3
0	O	1	original number shares
1	OP	0.061	Current Price
2	N	3	number of new shares
3	IP	0.061	Issue Price
4	TDP	0.061	Theoretical Diluted Price

So interestingly that makes Market Capital of TON vs Others in the Graphite Sector on the ASX look like

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	ASX Code	TON	KNL	SYR	MNS	ADV
1	Issued Capital	657,804,633.00	242,402,394.00	263,757,392.00	448,391,568.00	818,995,965.00
2	Last Share Price	0.061	0.175	2.64	0.68	0.03
3	Market Capital	$40,126,083	$42,420,419	$696,319,515	$304,906,266	$24,569,879

There you go, just some basic math. I did the above TDP table from my memory only so if incorrect do the math yourself and dun come back and blame / flame me coz if you dunno dilligaf.

Feel free to add your maths here