TSXV:AAA.P - Post by User
Post by
steelbluiison Mar 07, 2015 9:44am
1344 Views
Post# 23499997
2.2 billion shares?..... yikes.
2.2 billion shares?..... yikes.
Oh Ethan.... let's do some calculations.... AAA needs 800 million at 35-40% dilution....
800 x 35 = 280/.37 = 757 million new shares... plus 335 current = 1.092 billion.... it was 1.2 earlier
So now it's 1.1 billion..... times 2 for the new project = 2.2 billion total or 1.1 with the ICL deal alone.
Capiche'
Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp#ihirwjoVGOoLbW4i.99