holymagiman one and a half shares, page-10

Hello all yo good folks. This is Mr Jeremiah Tobias, an if yo haven't been meeting me before, I should be introducing my good self as the uncle of Holymagiman so that I can be meeting yo now. It is a great pleasure to be meeting yo, I am sure.

I have been reading all the things that have been written by everybody and I am sure surprised by the prodigious and powerful most knowledgeable intellectuals that are inhabiting this most informative Hotcopper site.

Now i am thinking that an elderly person like me ccannot possibly add anything to such a well informed site but I thought I would try and raise a point that is bugging my poor mind into tangles.

This is concerning the shares PES, ESG and MEL. basically, this is the mathematics that I have done on the back of my forearm, in a blue ballpoint pen.


shares on issue price market cap
PES 124,292,000 7.42 922,246,640
ESG 761,000,000 0.58 441,380,000
MEL 132,000,000 0.49 64,680,00

Reserves: 1P 2P 3P Total P
PES 394 1241 1635
ESG 14 218 845 1077
ESG 284 1460 1744

Something in these sums just does not make sense, but who is this old man to ask questions of all you wise folk. But it is 2.40 in the morning, the night is warm and Miss Mimi Baby Clive-Hall is asking me to hurry up, so I will have to regretfully but most definitely take my leave from you fine folk right now. God be blessing you.