I am forced to agree with qf8 - the maths does not seem to work in the example provide by Capt Morgan.
If he claims that he is listed twice - the only one I can see is the name Blair listed twice. However, the second is a company which means the company owns them. Interestingly, a company search of the ASIC register shows no listing for a, 'Blair Metals Ltd' - very odd indeed.
Those anomalies aside, I can not see how the claim of +16 million shares can be accurate. I could well be wrong.
Frankly, I do not care either way how many shares he / she might have. However, if the claim is made in a public forum - one can not be to precious when that claim is tested in the same public forum.
Anyway, a couple of cents fall in the SP doesn't get me too excited. Nonetheless, it's a different story for Capt Morgan as a 2 cent fall across 16m shares equates to $32,000 (i.e. $16,000 for a 1 cent change in the SP)!
TON Price at posting:
38.0¢ Sentiment: None Disclosure: Held
