Zion Oil & Gas Inc (ZNOG): For additional clarity I added: ZN share...

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Re: TAB78 post# 13582

Thursday, 04/19/2018 12:02:32 PM

Thursday, April 19, 2018 12:02:32 PM

For additional clarity I added: ZN share value will remain unchanged for all assets purchased from rights offering proceeds - it will be a wash.

Consider share value with $100 in assets and 10 open shares = $10 net share equity value / now with a $capital rights offering raise now we will have $200 in assets (either cash or physical assets) and 20 open shares but still worth $10 share.

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Recent ZNOG News

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Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 04:50:59 PM
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