Castagna knows how to write up cheques,
he managed to outlay $3,000 and turn it into circa $80Million... from between 2005 to 2017
Alleged that initial purchase of share options in 2005 $3,000 = 300,000 units x 0.01 cents
the records have gaps and sketchy around these options.
When Nuix restructured in 2017 as the first step towards a public float or trade sale, shareholders were given 50 shares for each share they owned. This turned Dr Castagna’s holding into 15 million shares which were sold at $5.31 each when Nuix listed, landing him $79.65 million: a handsome return from his $3000 investment.
so even the 50 new shares for each share owned is ...very rich agreement.
ref, smh.com.au
Castagna knows how to write up cheques,he managed to outlay...
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