CNB 4.11% 38.0¢ carnaby resources limited

Ann: Nil Desperandum Continues To Grow, page-393

  1. 1,581 Posts.
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    Ok keeping in mind I failed maths…

    CR: $20m (15,384,616 shares)
    - Minus OZ: 3,846,154 (Im assuming they are not selling for a long time)
    = 11,538,462 left for sophs

    CR Shares settled 31st Jan 2022
    So in the 11 trading days since we have had 38,512,910 shares traded which includes Paul and Robs exercised parcels.

    Surely not all the soph investors are selling out… even if half of them sold out 6 million shares surely would have been absorbed in the 38 million traded?

    Hoping someone smarter than me can make sense of the figures.

 
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