Scenario: if the LLL shares were valued at $0.45 - this is the full value with everything factored in by the analysts (including the royalty?)
Escrow shares = 210,941,543 x $0.45 = $94,923,694 / 1,182,846,577 (FFX SOI) = $0.08c per FFX share ....
Cash at end of March quarter $33.265m - $11.5m = cash balance $21,765,000
Scenario: Allocating $6,765,000 to the b...s... EGFT claim (this will be reimbursed if FFX successful)
Balance: $15m / 1,182,846,577 = $0.012c per FFX share
cheers
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- Shareholder Action Group Mk III - information / reminders for shareholders
Shareholder Action Group Mk III - information / reminders for shareholders, page-18
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