BDR beadell resources limited

CDI explained, page-3

  1. 4,604 Posts.
    lightbulb Created with Sketch.  14
    Let's try that again
    Approx numbers only

    Spott buys in at a discount and then 11 to 1 consolidation for Golden Harp.
    So about 10 million shares

    Then 14.25 to1 consolidation for Beadall
    Shareholders to be added about
    90 million shares

    So say around 100 million shares
    With a market cap of around $80 million.
    So share price around 80 cents

    Makes Sprott $4 million could get around
    6.5 million shares.

    That would make the deal worthwhile

    Cheers
    Last edited by colinchi: 19/03/18
 
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