HWK 0.00% 4.1¢ hawkstone mining limited

From the announcement, ZYL need issue 35% shares to acquire 74%...

  1. 3,313 Posts.
    lightbulb Created with Sketch. 7
    From the announcement, ZYL need issue 35% shares to acquire 74% of Mobila project. At AUD0.02, it's $12 mil. So it should be 600 mil shares for 35%. Total shares:. 600 mil/0.35=1.714 billion shares?

    Please correct me if I'm wrong.

 
watchlist Created with Sketch. Add HWK (ASX) to my watchlist

Currently unlisted public company.

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