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?
wait or is this calculation correct, apologies this is confusing...
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