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Share
11/05/11
18:17
Share
I don't think this includes SPP shares, went back through Appendix 3Bs and this is what we have
139,535,000.00 Outstanding prior to Cp Raising
20,500,000.00 Trabche 1
68,562,500.00 Tranche 2
18,382,353.00 Convertible notes
7,165,000.00 Options Conversion
254,144,853.00 Total after Trance 1&2 of cap raising, Convertible note and Management's option.
SPP share will be on top of this, 5,000,000/.32 = 15,652,000
Total after SPP = 269,769,853
Sorros ownership after alloing for SPP = 17.38%
May try to buy 2.62% on market to take himself to 20%.
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