HAR 0.00% 4.0¢ haranga resources limited.

Ann: Execution of Tenement Sale Agreement, page-20

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  1. 839 Posts.
    lightbulb Created with Sketch. 27
    wait or is this calculation correct, apologies this is confusing

    buy 1m shares at 0.4c = $4000

    get cruched (divide by 150) = 1,000,000/150 = 6,666 shares

    with those 6,666 shares i can now apply for 15 times more at 2c = $20k shares in the raise

    so i will be left with 1,006,666 shares at a cost of 2.385 cents per share

    am i right?
    Last edited by CanadianDream: 24/11/17
 
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