On the basis that the Existing Ordinary Shares were trading at a price of 0.02 pence on 7 March 2016 (the latest practicable date prior to posting of this Document) and assuming implementation of the Share Reorganisation whereby the number of ordinary shares in issue will be consolidated 1 for 250, assuming normal market conditions the New Ordinary Shares should trade at approximately 4 pence each.
If the share price were trading at 0.04 before reorganization would the new price be 8p.