TSXV:HRE.H - Post by User
Comment by
TrickyGameon May 29, 2019 1:03pm
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Post# 29782091
RE:RE:CORPORATE UPDATE HRE PLEASE READ
RE:RE:CORPORATE UPDATE HRE PLEASE READSomeone correct me if I've done this wrong but in CAD that 210 M USd is about 300 M.
Stan's owes the first funder 7.5M USD X 4 so 30 M USD which is roughly 40.5 M CAD
Stan's owes the second funder idk they neer disclosed it so lets say 15 M USD which is roughly 20.2 M CAD
Outstanding shares roughly 184 M. Fully diluded i think it's at 197 M
So 300 M CAD
- 40.5 M CAD
- 20.2 M CAD
= 239.3 M CAD
now you divide 239.3 by 184 M shares it comes out to $1.30/ share
now you divide 239.3 by 197 M shares it comes out to $1.21/share
note: that is IF stan's gets the full amount they are seeking. people on here are saying they wont get the full amount