G’day guys,
16m/200m = 8%
8%*15% discount = 1.2%
1.2% * 200m = 2.4m (‘give away’)
200m-2.4= 197.6m
42c—> 41.5c
will 16m cash facilitate increase MC by > 2.4m?
*if SP drops can buy > 8% of own portfolio provided have funds.
Ann: Trading Halt, page-76
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