WAS
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0.00% 0.4¢ wasabi energy limited

I thought it works like this.1 Share for every 860 owned. The...

  1. hsveight
    4 Posts.
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    21/02/14
    15:29
    Post #: 12968439
    I thought it works like this.

    1 Share for every 860 owned. The new share will float at 50 cents.

    Therefore 1,000,000 shares divided by 860 = 1162

    1162 x 50 cents = $581.

    How did you calculate yours magpie?
    WAS Price at posting: 0.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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