RE: Reality check30 Apr 2019 10:53
Fyoz,
I replied to your post last night with a little elequence but unfortunately forgot to send it
This morning I can’t be bothered, so you can poke the calculator in any hole you like.
You stated yourself about a £17.8 million number where I merely rounded it off to £20 million.
Who cares about exact numbers here when you and I both come up with the same conclusions.
You can continue to argue my posts as you have been but nothing changes the fact that thereabouts or exacts figures still show that Gerwyn has taken up the slack for himself.
The resolution did not need the involvement of his £10,000,000 notional gain at 0.004p
It’s simple maths and common sense to see what’s gone on here and I don’t need a ******* calculator for that.
You and I have both been mugged along with everybody else invested and the best possible outcome at relist is that it holds at 0.004p and climbs with any news.
Don’t know about you but I don’t see any news that’s going to take it there other than seeing it for what it is and expecting a drop.
Simple maths not including shares already issued..
£ 10 million \ 3 =. £3.3333 million, equating to around 0.0014 approx ( closing price )
Other shares £2.5 million / 3 =. Your £888 k ( or thereabouts )
Who cares , but add the two and it’s still over where we were.
This is all bakanced in the valuation of Transgas so all we can do is hope that the market agrees with that valuation + almost another 75% and we might get our 0.004p
What Gerwyn should have done is issued us with a share for share holding. But no.
You lot voted yes to his scheme and I’ll sit on the railings with my safety jacket hoping for the best that the ship don’t go down.
As for minimum market cap, well that will just open up the rules and regs for INFT when we drop below the threshold that’s allowed.