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
- Forums
- ASX - By Stock
- this is a joke?? am i right???
looking at the fine print of the announcement for the...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online