KMD - Kathmandu

[blackcap]

Yes their seems to be some confusion by some posters, it is indeed 1.2 shares for every 1 share held. Massive dilute, be prepared for a bit of a sell off.

So that would make the TP, (112+1.2*50)/2.2 which equals 78.2 cents. Have not checked to see if this math is correct though.

[silverblizzard888]

So that would make the TP, (112+1.2*50)/2.2 which equals 78.2 cents. Have not checked to see if this math is correct though.

Existing shares = 295,073,217

New shares to be offered = 354,087,860 + $30 million in under writing (= 414 million stated in the documents )

totaling 709,152,077 shares

Closing market value = $330 million + $207 million = Market value of $537 million or 75.7 cents a share


*your equation missed out the under writing cost

[Balance]

Yes their seems to be some confusion by some posters, it is indeed 1.2 shares for every 1 share held. Massive dilute, be prepared for a bit of a sell off.

I think the issue is 1.2 shares for 1, not 1 for 2.

macduff and you are right, of course!

Man alive - that makes it almost on par with the infamous Fletcher Forests capital raising all those years ago.

[blackcap]

Existing shares = 295,073,217

New shares to be offered = 354,087,860 + $30 million in under writing (= 414 million stated in the documents )

totaling 709,152,077 shares

Closing market value = $330 million + $177 million = Market value of $507 million or 71.5 cents a share


*your equation missed out the under writing cost

I was only working on SP. Your equation does not add the $30m to the market value. So mkt value of $537m or 75.7 cents per share.

But its all theoretical anyway. No way the SP stays in the 70's once the 60m shares issued at .50 come onto the market.

[winner69]

Existing shares = 295,073,217

New shares to be offered = 354,087,860 + $30 million in under writing (= 414 million stated in the documents )

totaling 709,152,077 shares

Closing market value = $330 million + $177 million = Market value of $507 million or 71.5 cents a share


*your equation missed out the under writing cost

Last line ...what about the $30m

[silverblizzard888]

I was only working on SP. Your equation does not add the $30m to the market value. So mkt value of $537m or 75.7 cents per share.

But its all theoretical anyway. No way the SP stays in the 70's once the 60m shares issued at .50 come onto the market.

Opps wrote that a bit too quick, yup better add in that extra $30 million


Closing market value = $330 million + $207 million = Market value of $537 million or 75.7 cents a share

[winner69]

Share price was $3.64 not that long ago.

Hype from growth by acquisitions quickly dissipates when the tide turns ...bubble bursts

[Balance]

Share price was $3.64 not that long ago.

Hype from growth by acquisitions quickly dissipates when the tide turns ...bubble bursts

The $1.80 offered by Rod Duke looks good now too!

Fact that he has not moved to do another takeover speaks volume of how he sees things?

[winner69]

The $1.80 offered by Rod Duke looks good now too!

Fact that he has not moved to do another takeover speaks volume of how he sees things?

I thought at the time the $1.60 was a pretty generous off.

Been outrageously ever since.

Wonder if Rod will fork up this time?

[sb9]

I thought at the time the $1.60 was a pretty generous off.

Been outrageously ever since.

Wonder if Rod will fork up this time?

Rod said thanks but no thanks for the offer.