MOO: Lots of confusion about the m/c. This is how I calculate it. Happy for others to check my figures and reasoning:
I get market cap at 0.7c to be the equivalent of roughly $35 million once we take all the post consolidation and post-CR shares into consideration:
CURRENT TOTAL FULLY DILUTED = 2,132m:
Existing: 1,325m shares + 53m options
CR at 0.1c: 497m shares + 248m options
Performance rights: 9m
ADDITIONS POST CONSOLIDATION TOTAL = 417m at 5c = 2,978 at current price of 0.7c:
CR at 5c: 80m shares + 40m options
Consideration shares: 140m
Financing shares: 16m
Advisor options: 21m
Performance rights: 120m
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So equivalent current m/c at 0.7c but post consolidation and post second CR is: 2,132 + 2,978 = 5,110 million fully diluted x 0.7c = approximately $35 million m/c.
