CPV 2.35% 41.5¢ clearvue technologies limited

Ann: Change in substantial holding, page-2

  1. 303 Posts.
    lightbulb Created with Sketch. 80
    Interesting.

    So if I'm reading this right:

    Luminate sells 18,000,000 shares at 38c per share: = $6,840,000.00

    Luminate buys back 19,513,593 shares at 25c per share (options exercise): = $(4,878,398.25)

    Victor buys 3,146,506 shares at 25c per share (options exercise): = $(786,626.50)

    Adding those numbers all up, we get a total of: = $ 1,174,975.25

    So based only on the information in these announcements, we see that Victor, directly and indirectly (through Luminate Pty Ltd), ended up with surplus cash of $1,174,975.25 on the sale and then buyback of this lot of ClearVue shares.

    Anyone else find that interesting?
 
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