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20.0¢ potash minerals limited

Ok thanks I'm with you know about the top 50 and top 100 maybe...

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trav2012

2,683 Posts.

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23/12/15

21:01

Post #: 16678375
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Originally posted by Quanta ↑

260 million tradeable but I would think you need to get the numbers for Top 50 or Top 100 holders and assume they are more stable investors. The remaining will be free float. Very very tight capital structure anyways so will be hard to accumulate a sizeable portion for a Institution or a Fund, as they will have to compete on the market.

They raised $12.5M total and had $2.6M in Option conversions = $15.1M

Dont know the costs of compliance, fees etc.. So $13M is about right

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Ok thanks I'm with you know about the top 50 and top 100 maybe being longterm so have to take those shares outta the free float I was just getting confused so free float could be even around only the 150 million mark.Yes they will certainly drive the price up if they want a sizeable parcel on market

POK Price at posting: 20.0¢ Sentiment: Buy Disclosure: Not Held
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0 Great analysis

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