After latest conversion there are 22,440,362,741 shares in issue which divided by 2992 equals the 7.5m with 43.5 to BOS.so we own 15% of notional £4m cap = £600,000. Mcap currently £670,000.
If we have 7.5m out of 50m and they expect BGL to be valued at £4m then that equates to market cap for existing shareholders of about £0.6m which is effectively where we are so maybe little downside now but will there be an RTO premium?
Last 10 posts, six from Bloch> What an odd person if he doesn't hold why spend your life here when hardly any holders are just waiting for RTO - is it true he works for Darwin?
how much of a drop do you want as we are already down 25% from this morning. Currently nobody buying or selling but MMs are still dropping price to encourage movement.
AS said earlier you are doing us no favours here with this ramping. There are more sells than buys this morning and can buy well below full ask an price is dropping, already 15% down from 8am and currently we are unchanged - 1.66/1.68. Will see how day goes but best not to post things that others can see are incorrect.
Good to see an expert who can work out which are buys and sells - must looking at every trade in real-time to do that. Spread is currently large and many buys are going in below mid-point