@street talk and interested readers
Were's this 95 million invested bs.
95 million is LHC's book value of isx shares . Hold Approx 89,000,000 @ $1.07 = 95 million investment value
Actual LHC Invested Capital
Initial investment 8-10-18 = 67mln @ 0.145 = $9,715,000
https://www.asx.com.au/asxpdf/20181001/pdf/43yvjtz8pns8nj.pdf
https://www.asx.com.au/asxpdf/20181009/pdf/43z2thlk30zfdd.pdf
Top Up 31-12-18 =10 mln @ 0.16 approx = $1,600,000
https://www.asx.com.au/asxpdf/20181231/pdf/441lr2fzhm2ld5.pdf
Top Up - 4-4-19 = 11.6 mln @ 0.30 approx = $3,480,000
https://www.asx.com.au/asxpdf/20190404/pdf/4441zb6dp8skfl.pdf
Total - $14,795,000 total invested capital
You could also minus any profit taking, trading over the holding period. (Unknown)
They did also say today in the quarterly report that they sold off shares at the top. <1% selling / no need for reporting to market.
LHC are smart operators, they spotted isx's huge future as did the early investors, and acted on it!
Cheers
Tradealot
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