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| Saturday, April 25, 10:10:52pm | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 ] |
| Subject: Re: Shares on issue ERG | |
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Author: reconstruction...is $1.37 |
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Date Posted: Thursday, February 27, 05:57:42am In reply to: Pre consolidation post consolidation. 24/1/03 's message, "Shares on issue ERG" on Thursday, January 23, 09:16:54am Name: michaelirish Location: Sydney, NSW Australia Date: 2/27/03 10:41:52 PM Subject: Catron..ERGG Comments: This is my opinion. I am not an expert, not a broker, not a trader. I take positions and hold or accumulate...now i am accumulating TLs Now to your question Current Structure: Ordinary Shares 936,879,165 Notes 18500 face value $13.5. Proposed Structure: Ordinary Shares 936,879,165 Notes 18500 face value $13.5= $250,020,000.00 odd post conversion new shares at .15c each.. 1,666,800,000 which gives total 2,603,679,165 Rights 325459896 new Total 2929139061 /10 292913906 (new total divided by 10) Market Capitalisation at todays prices.. $399,920,666.40 and so the estimated price of each share post reconstruction...is $1.37 IMO thanks for the question [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: Shares on issue ERG--post reconstructed. | 1.38166936792452830188679245283019 | Wednesday, March 05, 04:37:20pm |
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