PDN 1.04% $12.39 paladin energy ltd

This could be an entirely inaccurate calculation, but as of...

  1. 349 Posts.
    lightbulb Created with Sketch. 27
    This could be an entirely inaccurate calculation, but as of close today, Market Cap is about $965m with about 2.1b Shares on Issue (SOI).

    Post raise at the stated 35c price (which is just lame performance by management), to raise $215m, as @PeterBills mentioned above, there'll be extra ~615m shares added. New indicative SOI would be 2.1b + 0.615 = 2.6867b

    So assuming market cap stayed the same, $965m / 2.6867 = $0.36

    Far out... is that the opening price we are expecting tomorrow? Pretty sure I missed out a lot of things, but sigh...
 
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