malmanu,If your quote and numbers are correct, I agree with your...

malmanu,

If your quote and numbers are correct, I agree with your calculations based on a 10 cent trading price when the deal is enacted.

Still need a ball busting technology to justify the jump in the market cap.

The good thing about Chapter 1 & 2 re-compliance in this instance is that it basically requires disclosure at the same level of a new IPO, which should mean shareholders will get a closer look at the deal and hopefully a better description of what this ball busting technology actually is.

Often the re-compliance triggers a long term trading halt under ASX trading rules which can test shareholder patience. Not sure how this deal stands with respect to trading halts, but I'm sure things will be revealed soon.

Kazakhstan Potash Corporation Limited was in a 3 year trading halt before relisting after Chapter 1&2.

Regards
SilentO