EXG 0.00% 3.5¢ excelsior gold limited

Ann: Restructure of Board of Directors-EXG.AX, page-15

  1. 155 Posts.
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    OK I managed stage 1 maths at university and Statistics level 3, so I think I understand your maths as this:

    40m shares = a shareprice of 4.4cents on 16 sept, the low point of the "highly competent" directors whose skill set is based on the number of shares they own.

    650,000 shares = 5.1 cents for 2 days of the new potentially incompetent directors based on their minimal shareholding.

    I could make a fortune based on this alogarithim but I just cant get the formula to work . c for competency is
    c squared = shareholding x 40 x millions divided by 100 million.

    Or short hand c=mc2...but I think someone has that one already.

    Oh well Ill just stick with the incompetent directors with their low shareholding in the meantime as I just hate it when my portfolio increases in value!
 
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