the maths, page-2

First 2 Last

Share
Profile

Follow
bubsmark

10,900 Posts.

638

04/12/14

00:51

Post #: 14404507
Share

Originally posted by peter239 ↑

can anyone tell how this new deal works , can see how the rich get richer ,
the way i see it they get 64900000 shares done deal in their account, in return they will pay us $752166 per month for the next six months if the share price is 10.2 cents "benchmark price" if the price this month is at current level say 7.2 cents they will pay us 70.5 % of this so $530277, . So potentially we have given them there share for 3 million i.e 4 cents ea, could be less if the price does not hold up. obviously there is upside , but with akk management not real good on the forcasts very nervous times . Be very interesting how long we have to wait to see our take of the seventh well.
There is no real interest for lansted to see the price increase in the first six months as they have agreed not to sell stock for two years so they would be keen to get them for as low as possible. Have seen there is reference to this type of deal in these threads, would be great if there was a simiiar deal to this thAT HAD PLAYED OUT ABOVE THE BENCHMARK , BUT i doubt this would be the case

Expand

Peter,

i made a post earlier highlighting that Lanstead could shirt sell AKK to send it lower so they maximise their benefit

AKK Price at posting: 7.2¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

AII

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

ENR

Encounter's Aileron recon success 'illustrates how much more still to be found'

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

TRS

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

the maths, page-2

Top Stories

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

Encounter's Aileron recon success 'illustrates how much more still to be found'

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

Featured News