Hi,Just having a look at the allocation of shares in the YRR...

Hi,

Just having a look at the allocation of shares in the YRR prospectus. I noticed they are priority allocating 15mill shares to GPN shareholders. With 700mill GPN shares doesnt this mean a very paltry allocation of something like 1/50th of GPN holdings. So 1mill GPN shares might get you 20K YRR shares at 20c, you fork out $4K. One free option is that right?

And does that represent around 30% of the capital considering GPN retain approximately 70%. So can assume GPN on listing will have 50mill shares with a market capitalisation of around $10mill?

So why the excitement for attaining YRR allocation. Assuming above example for a holding of $25K of GPN shares, assuming YRR increases 50% on listing, you are gaining an extra $2K on your $25K investment. I guess that is OK if it happens but the risk of having your money tied up and untouchable to me sounds like not much difference to waiting till listing and attaining YRR stock then.

Or have I calculated incorrectly?