Looking at the latest T20 - assuming the T20 remains loyal LTH, and with the Future Placement Shares placed out to investor(s) (assuming they are loyal LTH) and the 3 Directors, say at $0.02 per share,
Wen approx 13,888,888 (0.88%)
Marty approx 13,888,888 (0.88%)
Athan approx 13,888,888 (0.88%)
Investor(s) approx 375,000,000 (24%)
Top 23 approx 836,667,647 (64.78%)
Total shares approx 1,569,539,307 (100%)
The shareholding % of the assumed Top 23 of 64.78% is high, I would say. Adding on other LTH, the registry will be strengthened further.
It be interesting to see what happens when the announcement(s) start flowing in.
JMO PDYOR
Top 20 Holder - 23 June, page-24
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