but as i have previously mentioned the money has been in the bank for a day now
(plus the $ they already have
260million @ 7% pa = $51,123.59/day
divide this by the number of shares(at worst) 410 mill.
4.4 c per share per year
add 80 million on 15 sept
plus conversion of 100 mill ops at 27c => 27mill
260 plus 107 mill
367 mill @ 7% = $72,162 per day income
(now 510 mill shares)
5c per share
for doing nothing....I MIGHT ADD thats if they pay it all out.(not compounded)
lets do nothing for a WHILE
ps see how pointless fundamentals are ...
funds would kill for 5c/60c(current sp)= 8.333% pa
thats better than the bank and its guaranteed coz its there !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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