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Ray Ray

49 Posts.

17/01/17

23:49

Post #: 21960278
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Originally posted by Last of the Mohicans ↑

Just to try and put things into perspective for everyone.

There are currently (on a fully diluted basic [excluding the other 2 performance milestones]) 2,368,043,546 shares in issue (some of which are still in escrow) of these GG & RA own a combined 938,389,456 shares = 39.62% of the company.

The other top 19 accounts from 31st August owned another 415,912,183 shares.

Thus the top 21 accounts held roughly 1,354,301,639 shares or 57.19% of the company.

Add in the HC holding's above of 207,562,136 and that accounts for 65.96% of the company (assuming those other 19 accounts haven't changed).

Leaving another 806,179,771 shares floating around.

Its the lack of NEW investors that's holding the share price back, find another 100 to 200 long term investors and then see where the price gets to.

Of course if more existing investors step forward, that 806 M number will reduce further.

You might want to incorporate that 806M figure into your list @Ray Ray and adjust it as needs be, the smaller it gets the better, it just means less and less shares for new investors to potentially acquire.

LOTM

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Thanks LOTM i will include this in the coming days. My 3 minute edit expired and have to go now.

SYT Price at posting: 3.6¢ Sentiment: None Disclosure: Held
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0 Great analysis

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