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First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.


GREY:FGBDF - Post by User

Bullboard Posts
Post by fivenineron Feb 08, 2018 11:10am
106 Views
Post# 27526632

Dilution

Dilution344,166,198 shares fully diluted

+20,000,000 new shares
+20,000,000 new warrants
 
All in FGD is looking at ~11.6% dilution
SP was at $0.25
Based on the new dilution, we should expect the SP to settle at ~$0.22.
(but that is not taking into account the beneficial financial position that FGD would be in if all warrants and options were exercised - and that the SP would have to be considerably higher for the warrants and options to actually be exercised)
Bullboard Posts