Europtron

Note that the theoretical value is subjected to a share consolidation. Hence calculations as per follows: Current Market Cap @ $45.8m Consideration shares value @ 320m x 0.50 = $160m Arrangement shares value @ 26.2m x 0.50 = 13.1m Total share base after completion of proposed transactions is 456.8m shares So theoretical value assuming transaction is approved = (45.8m + 160m +13.1m) / 456.8m shares = $0.479