Let's see: 20% of the proceeds towards buyback, i.e., $12 Mil : 15% of the proceeds towards dividend, i.e., $9 Mil
It depends on the order in which these are accomplished: For example, if the buyback is done first: $12 mil at .001 will reduce the OS to approx 13 Billion shares. Then payout 9 Mil on 12 Bil shares will get about .0009 per share. Add the two effects and we should see approx .02 per share.
If the steps are implemented in the opposite order then..who knows...
If the auction brings in $120 Mil revenue. Then the pps will go to $0.10 EASILY
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