Tomo ... Your calculations make sense to me. You of course meant...

  1. 149 Posts.
    Tomo ... Your calculations make sense to me. You of course meant to write that 71 million new shares in BCI would be issued. The calculations could be refined by taking into account "in the money" options (if any). Your figure of $2.81 sets a kind of minimum valuation for the merged entity in the current market. Hopefully synergies and scale mean the valuation of the merged entity is greater than the sum of the parts. I heard Ken Morgan on The Business (ABC) tonight speak positively about the deal.
 
watchlist Created with Sketch. Add BCI (ASX) to my watchlist
(20min delay)
Last
47.0¢
Change
0.000(0.00%)
Mkt cap ! $281.9M
Open High Low Value Volume
48.0¢ 48.0¢ 45.5¢ $233.8K 501.9K

Buyers (Bids)

No. Vol. Price($)
5 93254 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
47.0¢ 69039 4
View Market Depth
Last trade - 14.39pm 02/12/2021 (20 minute delay) ?
(live)
Last
46.5¢
  Change
0.000 ( 1.71 %)
Open High Low Volume
46.5¢ 47.5¢ 46.0¢ 34958
Last updated 15.07pm 02/12/2021 (live) ?
BCI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.