They will have to accommodate the Juno costs and start up capital - forgive my ignorance but is that factored into your math
Juno will receive $5M seed capital from JMS in return for 20M Juno Shares, which will be distributed amongst JMS shareholders.
Juno will try to raise $20M , 80M shares under IPO.
If we factor in the $5M seed capital it will be; dividend (46.1m + 2.7m - 5m) x 0.9 (payout ratio) / 1960m (outstanding shares) = $2.01c
Above is assuming that it will cost JMS only $5M and the rest of capital required by JUNO is raised by the IPO. Not sure if I missed anything here.
They will have to accommodate the Juno costs and start up...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $499.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 128181 | 25.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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| JMS (ASX) Chart |