GNX 2.38% 21.5¢ genex power limited

Ann: Genex Secures Construction Accommodation at Kidston-GNX.AX, page-11

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  1. dej
    383 Posts.
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    To give a greater breakdown;

    Shares on issue: 120,068,750
    Shares on Issue in Escrow: 60,200,000
    Options Outstanding: 30,800,000
    Convertible Notes: $2,191,307 ( @ 20c per share = 10,956,535 shares)

    Total Potential Ordinary Shares: 222,025,285

    Current share price: $0.16

    Market Cap @ Current share price: 222,025,285 x $0.16 = $35,524,046

    So under a fully dilute basis with all options converted, all shares out of escrow and all convertible notes converted a market cap of $100 million would mean a share price of:

    $100,000,000 / 222,025,285 = $0.45

    Which is basically a share price three times higher than currently.

    As Mouse said, this depends on a few things, most importantly the project financing. Hopefully they can do all the project financing from debt and grants as to not dilute the share holders.
 
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