RE: NUOG LTH’S2 Dec 2021 15:51
4,465,393,217 Existing Ordinary Shares have been issued at the date of this Document, all of which have been fully paid
up. Pursuant to the Placing, the Acquisitions and the Debt Restructuring, the Company proposes to issue up to a further
355,043,314 Consolidated New Ordinary Shares conditional on Admission, assuming that the Placing Price will be 1p and
that 200 million Placing Shares will be issued to raise the minimum amount of £2 million pursuant to the Placing. On
Admission, there will be up to 466,678,145 Consolidated New Ordinary Shares, all of which will be fully paid.
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So valuing the company at 4.6M market cap, if you take the new share total (accounting for 40 to 1 consolidation) at 0.1p