Some interesting numbers while we wait patiently!!Yesterday,...

Some interesting numbers while we wait patiently!!

Yesterday, Conglin's substantial holder notice showed him with
12,823,796 shares, which is 17.5329% of the company.

Once the options are added to the shares, our shares on issue become 93,997,415 shares
(presuming 100% take up as there is an underwriter)

Conglins percentage ownership of the company on that total reduces to 13.6427%

So, to own 19.9% of the company, which is 18,705,485 shares, Conglin can buy and convert 5,881,689 of the 20,856,114 options that were available.

That keeps him within the numbers for a take over. It shows us what numbers are being played with anyway....just for interest!