Checked back over the numbers Fender
You are technically correct,
18.5c - 19c would = the old .15c milestone (not 25c)
only 22.5% ish more shares since the SP high
-- How where worked out ----
Shares on issue numbers rounded
Opening balance of shares went from 774m start of tax year, to 886m current
The extra issued since being about 12.5% of original balance of shares from "new tax year start", (which was the number of shares on issue at the time of the high of .15c
- what we are talking about.
At 79m shares class A Corona related issue will be about 10% of original total, 9% todays
So shares issued since the high in the institutional and retail CR's, = more like 22.5% more shares since the high.
15c / 22.5% = 3.75
15 + 3.75 =
18.5c - 19c would = the old .15c milestone
Go back 1 month into the previous tax year shares on issue were 275m re initial public offering currently a little over three times the shares on issue now, but not since the SP high only 22.5% ish more shares since then.
All figures used are here.
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01713174
Regards Mark H
