Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Do we presume that in January the Probiotix shares are allocated to the ‘then owner’ of Opti?
In the meantime the subscribed cash shares are allowed to trade on the market which will determine the price of the ex issued Opti shares after that date and the market will find its own level for both?
I take it that we shareholders start with retaining 85% of Pbx. The other 15% is exchanged for 10% being the new cash available to Pbx.
The alternative would have been a heavily discounted cash raising and no clean split.
Regard the above as starting assumptions.
AqS. All of the above is speculation. That is not any criticism but in the eye of we little shareholders it is reasonable.
Place yourselves in the SOH position and he has much more chance of knowing where each bit of the jigsaw is, even down to dates. His need to reveal this is only when each part falls into place… officially.
The plan may well be closer than we know…..let us hope so!
My rather simplistic reason for success of Opti is that companies seldom fail for lack of profit growth and almost always fail on liquidity.
Optibiotix still has great further resources of cash from SBTX as required, a built in cash cow. We all assume that SBTX is already on the road to success in both its major interests and that is my major reason to stick with Optibotix. I do not own any SBTX shares directly.