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12.0¢ cobalt one limited

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Lute

481 Posts.

46

28/11/16

17:54

Post #: 20942180
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Originally posted by ddzx ↑

i said $26M at 4.3 cent share price

249,978,380 old shares plus
62.5M new capital raising shares plus
75M vendor acquisition shares plus
50M transaction shares
plus 76M in the money 2 cent options, worth $1.5M in cash

total script = 513.5 M x 4.3 cents = $22M less $1.5M options cash = $20.5M for 80% ownership

then divide by 80% ownership for 100% equivalent = $25.7M

..........

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Good work ddzx, thanks for the heads up.

Lute

CO1 Price at posting: 4.8¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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