Thought this might be interesting! Trying to calculate what...

Thought this might be interesting!

Trying to calculate what would give a 50% rights uptake.

Can make a couple assumptions.

Gandel 100%
Dunlop 100%
Mr T 100%
Johnston 50%
Remaining top 20 - 50%
Remaining shareholders 20%

They just scrape through with 50% of the rights!

	Column 1	Column 2	Column 3	Column 4	Column 5
1	Share holders	Number of shares held	Rights Uptake	Issued Shares	Cash Raised
2	Mr I Gandel	87,875,150	100%	15,977,300	1,278,184
3	Mr J Dunlop	6,715,938	100%	1,221,080	97,686
4	NEFCO NOMINEES PTY LTD	7,752,000	50%	704,727	56,378
5	JP MORGAN NOMINEES AUSTRALIA LIMITED	6,676,088	50%	606,917	48,553
6	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED	6,317,566	50%	574,324	45,946
7	INVIA CUSTODIAN PTY LIMITED (JOHN S DUNLOP FAM SUPER A/C)	6,070,000	100%	1,103,636	88,291
8	HOME IDEAS SHOW PTY LTD (UB PROMOTIONS SPF A/C)	5,315,000	50%	483,182	38,655
9	HOLBROOK CORPORATION PTY LTD	4,747,821	50%	431,620	34,530
10	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED	4,078,335	50%	370,758	29,661
11	CITICORP NOMINEES PTY LIMITED	3,959,952	50%	359,996	28,800
12	MINLINK PTY LTD (STEPHEN JOHNSTON S/FUND A/C)	3,487,733	50%	317,067	25,365
13	MR JASON MILES BARTLETT	3,420,000	50%	310,909	24,873
14	MS CATHERINE PATRICIA BURROW + MR KEITH LAWRENCE BURROW	2,900,000	50%	263,636	21,091
15	MR STEVEN JAMES COLE	2,500,000	50%	227,273	18,182
16	UBS WEALTH MANAGEMENT AUSTRALIA NOMINEES PTY LTD	2,003,900	50%	182,173	14,574
17	MINLINK PTY LTD (SF JOHNSTON FAMILY A/C)	2,000,000	50%	181,818	14,545
18	MR PAUL FREDERICK TOWNSEND	1,975,500	50%	179,591	14,367
19	BECK CORPORATION PTY LTD	1,775,000	50%	161,364	12,909
20	HOLBROOK CORPORATION PTY LTD	1,752,179	50%	159,289	12,743
21	MR JOZE VUKOVICH + MRS SHARON ELIZABETH ANN VUKOVICH	1,537,326	50%	139,757	11,181
22	MR EDWARD JUDE NUGENT AND MR DANIEL JAMES NUGENT	1,512,917	50%	137,538	11,003
23	Mr T Lethlean	1,650,000	100%	300,000	24,000
24	Remaining share holders	175,149,904	20%	6,369,087	509,527
25	Totals	341,172,309		30,763,041	2,461,043
26	Target Rights Issue	341,172,309		62,031,329	4,962,506
27	Percent Updake			50%