RE: NOW HANG ON JUST A GOD DARN MINUTE!15 Oct 2020 01:05
there was some slight mistakes new but do not change much
How to calculate tomorrow x-placing & open offer
149,43 m share in issue x 226p ( closing price ) =£337.71m
49,714.285 ( placing & Open offer ) x 175p = £87,00m
Total valuation £424,71m
divided by total of shares
Old 149,43m + new 49,714.285 = 199,144.285 total
Tomorrow opening price should be
Total valuation £424,710.000 : total no. shares 199,14m = 213.27p
note; the UT was 226p but the middle price was 225p, so could be just slightly cheaper 213p