Eco owns 75% of Qbi. So you own your % of the total 75% Eco owns of Qbi. Say you own 10% of Eco, that means you own 10% of the 75% share in Qbi. Say Qbi has 1mil shares on issue, Eco owns 750k of that, of which you own 10%, which is 75k. Eco has enough cash at hand for their immediate future. Originally they were going to take a cut of the qbi sale to fund eco before paying a dividend. They've done a cap raise so no longer require that. Hope thats clear?
SS
- Forums
- ASX - General
- cure for cancer...you can invest
cure for cancer...you can invest, page-153
-
-
- There are more pages in this discussion • 179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online