Well mnb has said there are only allocations of 10K shares regardless of holdings but taking your scenario into account.
Hold 100K GPN shares @ 2.5c = $25K.
Gain 2272 shares & 2272 options for an extra expenditure of $454.
At YRR/YRRO price of
20/4.2c = $454 + $95.42 - $454 = gain of $95.42 or 0.3% gain
30/14.2c = $681.60 + $322.62 - $454 = gain of $550.22 or 2.16%
40/24.2 = $908 + $549.82 - $454 = gain of $1003.82or 3.94%
So even with a doubling of price on opening you could only expect less than 5% gain on your investment of $25454. Better than nothing but once again not the windfall one might expect. Happy to accumulate some YRR stock on listing and certainly not the immense missing out that some have said Sandune has encountered. Of course if YRR listed at $1, a different story, but that would be very unlikely in my opinion. Would probably get in the record books if that was the case.
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greater pacific gold limited
Well mnb has said there are only allocations of 10K shares...
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