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 ....
