MOO
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0.00% 0.2¢ monto minerals ltd

Ann: Monto Commits to Acquisition of Rapidly Expanding ShareRoot, page-405

  1. ddzx
    28,706 Posts.
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    18/09/15
    14:27
    Post #: 16017953
    hilarious post

    when the capital raising occurs, it is the register will be diluted by 200% (rather than the share price moving up 200%)

    there are 45M current shares @ 5 cents

    the cap raising will bring additional 60m to 160m new shares

    it only requires 90M new shares to dilute the register by 200%

    instead of me 'moving on', I am waiting for this share price of MOO to 'move down'

    Last edited by ddzx: 18/09/15
    MOO Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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