Indo Global Exchanges Pte Ltd (IGEX)

[mark2market]

Some more #s (all approximate):

Based on the 1 share of the new igex for each 20 srsr share dividend, srsr shareholders would receive approx. 45.5 million shares of the new igex. If this is in fact 95% of the new igex shares, igex will have approx. 48 million shares outstanding.

If management delivers and brings this forward to development, the share price will respond accordingly. I can only guess at what the valuation would be, but just a $250 million capitalization would be $5.20 per new igex share ($.26 per current srsr share). Webpence posted a resource estimate a long while back which I can't find. Web, can you re-post?

Of course, if management fails...well, you know.

m2m