Quote Originally Posted by SBRed48 View Post
Typo edit --- The Lee sum on the second issue is £ 1,024,000 not the £1,240,000 typed in error and timed out before I could correct it.
I, and I would guess others, appreciate the time and effort you have put in to come up with these numbers.
Personally - I haven’t a clue who has paid what into the club.

All I can say about the issue is to repeat what I heard at the meeting last Thursday.
Hence the reason IMO it’s important to attend these meetings.

I don’t know how this works in practice - but Neerav said something on the lines of - those shareholders that were not part of the last two injections of money, their shareholding has decreases.
I am presuming with that he means Lee and Conway.
That is to say - the last £1 M and then £3.2 M investment has reduced the value of what Chien Lee holds.