ISF 0.00% 17.0¢ isoft group limited

ya global equity facility

  1. 197 Posts.
    As per Ya Global Equity Facility ann, the share will be issued at the lowest VWAP with 3% discount. In Ya's favor, they have good reason to keep VWAP as lower as possible. Simple calculate below based on $30m, game is on.

    @0.169 yesterday's total share: 177,514,792
    @0.15 total share: 200,000,000
    @0.135 total share: 222,222,222
    @0.1 total share: 300,000,000

    Not sure how many shares they have, but as long as they got money, they can keep price lower. Assume they can use 8m(@0.169) share worth of money $1,352,000 to play around, but what they might get is more than 100,000,000 extra share, which worthy $10m at $0.1, $20m at $0.2.

    Let's see how they go. Be careful SH, and good luck. IMHO, it's a good share in long term.
 
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