CIL
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according to letter it says this payment is 22% of maximum...

  1. airpoe
    632 Posts.
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    09/03/12
    15:04
    Post #: 9817602
    according to letter it says this payment is 22% of maximum amount!

    so we will gain 61.25c total?

    but if we look at the figures before

    $91m x 0.9 = $82m

    82m / 88m shares = 93c per share

    in letter now it states max amount is 86m total claim amount so it would be

    $86m x 0.9 = $77m

    $77m / 88m shares = 88c per share

    are we being ripped off!!!
    CIL Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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