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Keeping it easy for people whatever it is when it start back up you wont need to times or divide you just open your account and see till then regardless we are all in this till it opens again. Question is when will it open? They need the other company to vote over 75% yes first then the deal moves forward.
Not even trying to work out where this goes tbh , am just going to wait and see what cards i`m dealt once the packs been well shuffled . GLA
So 12-15p opening is simplistic yes .....
I can't work it out either. 12-15p post-consolidation etc, would be the same as now pre-consolidation? So needs a calculation where it comes back at 60p that I can't see. Not getting too excited either way. What will be will be now.
Updated RNS at 11.04
it baffles me this one! this has to be good for KLKI as the major holder of EPO, else they're seeing themselves off at their 5p investment they put in recently. so what price on release from RTO? and what does my holding value look like (as a multiple of pre-cons sp)?
Well I only have 600,000 of shares but dear god sorry to the wife but with that money bye bye lol
Very interesting to see what happens. First one of these I have invested in. Have 1.8M shares currently. I'll probably keep the wife either way.
Haha you will be fetching her brealfast in bed and changing flowers every day
Alex if it does **** it I’m telling the missus to ****off and with my million bucks off to buy some women instead :) lol
AimSurfer,
You need a strong cuppa to sit back down with your numbers lols
Shares in issue 456m, 22.8m post 1for20 consolidation
Market cap stays the same whether at 0.75×456 or 15×22.8, which is £3.42M
Deal is £15.8M for 132m shares post 1for20 consolidation at 12p
Raising £2M assuming at 12p post consolidation price or 0.6p pre consolidation, so issue of 16.66m shares
Total shares in issue on readmission 22.8m(456m consolidated shares)+132m(acquisition shares)+16.66m(placing shares at 12p) = 171.46m shares in issue
171.46m shares × 12p = £20.57M Mcap
Suspended at ~0.75p or 15p post consolidation so in theory it should come back at 12-15p or £20.57M-£25.72M Mcap
You are welcome
It's not hard tbh
20x current price is 15p
Whatever the raise price is and away we go
6p I meant to put not 60p , 3p sounds about right though , better than nothing but not exciting
60p post consolidation (after the 20:1 share consolidation); it's equivalent to 3p with today's no. shares in circulation.
This is just the value of the deal, not the potential future value of the RTO company (linked to approval of mining permits, off-take agreements, etc.) I would expect the future value to be greater than the deal value of £15.8m.
Your thinking 60p ??? That is one hell of a jump from 0.75 p ??
Currently 456m shares in issue.
Pre-consolidation the deal is valued at £15.84m/456m = £0.0347 (3.5p)
Post consolidation; 456/20 = 22.8m post consolidation shares; deal valued £15.84m, per (post consolidation share) = £15.84/22.8m = £0.6947 (69.5p).
£2m placing done at the deal valuation price with 20% discount (as ever...) = £0.5557 placing price, £2m/£0.5557 = 3.6m new shares, add to the consolidated 22.8m = 26.4m shares in issue;
Share price on re-admission ~ £15.84m/26.4m = £0.6 (60p)
Current SP post consolidation 0.75 * 20 = 15p; anticipated SP = 60p = 4x from here; not bad for a punt!
All numbers IMO - as always DYOR :)
I think Alex has the best workings out on this ???
Agree chilli , what you thinking ?
Stop posting rubbish without showing your working out please. If you’re going to guess, make it an educated one
Cattleman , j sincerely hope your right , doubt I would ever be that lucky but please god lol
No it has to open by December so before you make silly comments to deramp read first
MY RETURN PRICE is going to be between 30/50p ...just you see.....you are all starting to understand....yes you will have only a fifth of the shares you now have....and watch it fly
My guess suspended 18 months ,comes back at 0.90 ,folk sell quickly drops to 0.3 ,don’t expect much but rto very rarely produce the big results everyone predicts ,non of mine have worked so far .
0.75×20= 15
Suspended at 15p post consolidation
Deal done at 12p (£15.84m/132m= £0.12 or 12p)
Raising £2M cash as well, price not mentioned so assuming it will be same as acquisition price which is 12p post consolidation or 0.6p pre consolidation.
If all nice and clean they anticipate the fast transaction and relist before Dec possibly due to most paperwork setup already which leaves to send them to listing authority.
Sorry my message went all to **** then , so I’ll have a 20th and hopefully mcap will go up at least 5x