Top Up Time, page-121

I have done my own figures..

250m shares
250m convertible notes
+50m for cr
550m shares

Issue 1 bn shares for acquisition of gridcomm..
1.55bn total
ie. Existing ODN holders own 16% of the new entity
To me this is the worst case scenario

Best case scenario ..
250m shares
convertible notes not issued
50m for cr
300m

500m shares for acquisition of gridcomm..

800m total in new entity.. so odin holders have 37.5% of new entity

Price pre. Issued shares trading..
6-12c imo