INR 2.94% 16.5¢ ioneer ltd

GSC is doing a 1 for 12.5 consolidation and raising $5M at...

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    GSC is doing a 1 for 12.5 consolidation and raising $5M at post-consolidation price of 5 cents

    this is equivalent to 0.4 cents today or pre-consolidation

    in other words, at the current 1 cent share price, the fully diluted market cap is $84M

    the buyers in the queue at 0.8 today are paying double the capital raising price

    those that sold at 1.1 cent today sold at a $92M market cap
    Last edited by ddzx: 12/04/16
 
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