OGI 0.00% 0.5¢ ogi group ltd

this is a joke?? am i right???

  1. 715 Posts.
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    looking at the fine print of the announcement for the acquisition....
    i understand as follow??
    issue capital to Balama = 10 millions shares, i presume they will be 20 cents shares??
    and incentive options to Balama with conditions??
    capital reconstruction 1 for 67 so
    prospectus issue at 20 cents,,,
    i give a 3 bagger discrepency to attract participants = 60 cents?? which is very attractive??
    at to day close = 328 millions shares x 2.3 = 7.5 mils cap =
    328 millions reconstructed 67 for 1 = 4895000 new 20 cents shares
    add acquisition 10 mils new shares at 20 cents + 4895000 = 14,895000 new 20 cents shares =
    = 29,790 millions value company

    as follow??
    issue capital to Balama = 10 millions shares, i presume they will be 20 cents shares??
    and incentive options to Balama with conditions??
    capital reconstruction 1 for 67 so
    prospectus issue at 20 cents,,,
    i give a 3 bagger discrepency to attract participants = 60 cents?? which is very attractive??
    at to day close = 328 millions shares x 2.3 = 7.5 mils cap = no acquisition included
    328 millions reconstructed 67 for 1 = 4895000 new 20 cents shares
    add acquisition 10 mils new shares at 20 cents + 4895000 = 14,895000 new 20 cents shares =
    = 29,790 millions value company
    shares to be issued at balama pre reconstruction 1.666.666.666 billions say 1,7 billions plus actual say 300 mils=
    = 2 billions shares at today close = 46 millions value = divided by 14895000 = 32 cents a shares=
    playing market value to attract investors??
    so in the close of today you have a prospectus issue at 20 cents giving you 32 cents

    good value but can it be sustained
    usually after a new issue the price go down to under 20 cents
    be carefull
    i wait the job done
 
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