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Thread: Possible Takeover on Grove Street ?

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  1. #1
    Join Date
    Mar 2012
    Posts
    19,183
    Quote Originally Posted by Young_Nudger View Post
    No I’m not suggesting that you have conjured up these numbers yourself.
    I was referring to your efforts to dig deep to find the relevant info.

    .
    It's not rocket science Nudge.

    The percentage of shares owned is already known from the last legal registration on the Hong Kong Registry.
    The shares offered in the first batch totalled £1 million
    It was reported on the Registry they were bought in proportion to the percentage already owned. Existing shareholders have first rights to buy up to their existing percentage. They all did.

    So, for example, The Investor Group own 20% so what they paid was 20% of £1million which equals £200,000

    To purchase their share of the second batch they would need to pay 20% of £3.2 million which is £640,000

    And so on. Simply multiply the percentage of shares owned by the amount in money of the value of the shares being offered for sale.

    I did not have to "dig deep", Year 6's could do it with a calculator.
    Last edited by SBRed48; 27-09-2022 at 07:21 AM.

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