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Ann: Marquee to acquire High Grade Cobalt Projects - Canada, page-35

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Dscipline&Hrdwork

2,432 Posts.

36

06/12/17

14:33

Post #: 29421329
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Originally posted by Johnnyzadeh ↑

Heres the break down...

CURRENT STRUCTURE

SOI - 24mil (6.5mil of those escrowed till 2019)

TRADABLE - 17.5mil

OPPIES - 9m 30c ops unlisted = 2.7mil
8m 20c ops listed = 1.6mil

CASH - 2.1mil + 4.3mil (oppies) = 6.4mil

STRUCTURE AFTER THE DEAL

SOI - 35mil (6.5mil escrowed)

TRADABLE - 28.5mil

OPPIES - 9m 30c ops unlisted = 2.7mil
8m 20c ops listed = 1.6mil

They've effectively payed ~1mil in cash for the project's' and ~11mil in shares. Leaving them with ~1mil cash

CASH - 1mil + 4.3mil (oppies) = 5.3mil

UNDILUTED AFTER TRANSACTION @35c

SOI - 35mil
MC - 12.5mil
CASH - 1mil
EV - 11.5mil

FULLY DILUTED @ 35c

SOI - 52mil
MC - 18.2mil
CASH - 5.3mil
EV - 12.9mil

Comfortable a 25mil - 35mil stock with how advanced this is.

Looks like theres some resistance from a Sub holder leaving, once his been washed away it should move up to more reasonable value.

Expand

Subholder- The notice was submitted without delay (despite holding 1m shares). Wonder if he's playing games. Sell some on news, cause panic by the ceasing ann and then buy more at a discount.

I'd prefer him leaving though.

MQR Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $7.494M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$4.041K	310.8K

Buyers (Bids)

No.	Vol.	Price($)
6	2808749	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	60000	1

View Market Depth

No.	Vol.	Price($)
2	560699	0.015
7	1085782	0.014
5	1082346	0.013
5	1338666	0.012
3	883173	0.011

Price($)	Vol.	No.
0.016	288280	3
0.017	150000	1
0.018	337260	4
0.019	668921	5
0.020	2446988	12

Last trade - 15.59pm 02/12/2024 (20 minute delay)

MQR (ASX) Chart