PSC 5.21% 9.1¢ prospect resources limited

How did you come up with this calculation? they promised 430-450...

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  1. 291 Posts.
    How did you come up with this calculation? they promised 430-450 million distribution to shareholders with exchange rate of 0.715. with current exchange rate we wil get 28 million less which makes the distribution to 402-422 million. if you divide this numbers by 468 million shares then we get something between 0.85 to 0.90 and keep the shares of PSC2.0.

    I will sell my shares at around 0.89-0.90 which i missed that in the past couple of times.

    DYOR.
 
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