MOO 0.00% 0.2¢ monto minerals ltd

I agree with Stockartist. I would expect the relisted company to...

  1. 23,253 Posts.
    lightbulb Created with Sketch. 2416
    I agree with Stockartist.  I would expect the relisted company to have a share price around the $0.05 mark (i.e. the cap raising price).

    Based on this.....

    My Calc's on the Undiluted Mcap

    Image below is from the ASX Announcement for MOO on the  11 Aug

    View attachment 88439



    Assuming Post Consolidation share price is around the cap raise price of $0.05, the undiluted market cap post consolidation will be 277,366,239 x $0.05 = $11.4m.



    View attachment 88440


    Taking into account the options ( i.e fully diluted) would add another 67,700,446 x $0.05 = $3.4m   i.e. total  of around $15m market cap.

    If you include the performance rights, add another 120m shares @ $0.05 this will add another $6m.

    IE total 11.4 + 3.4 + 6 = $21m

    But I agree it is confusing with company saying 45:1 consolidation  (which would give 31.5 cent approx price on pre-consolidation ie existing shareholders) and then saying a conflicting 0.05 raise price ....
    Last edited by Freehold: 19/08/15
 
watchlist Created with Sketch. Add MOO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.