RE: Good day all...................24 Feb 2021 21:49
Sorry ignore me, you said already- it was the Appollon website.
How does RT work? Appollon is being valued at $40m and existing Directors will retain a % of that via the new company shell, whilst AfriAg shareholders get the rest? The key is then how much the market values the business on Day 1 of trading. Let's say existing Appollon D's keep 25% ($10m), so we all share the rest (pro rata? Same thing as valuing Afri Ag at $30m before RT. This might not make any sense. Hoping someone can school me in RT's!