RE: Takeover22 Mar 2026 12:48
Lanstead always win from any deal they do with IMM, that is a fact and can be proven very simply .. but IMM don't and neither do the shareholders 🥵
In this simplistic example we shall see how Landstead can't lose , ever
In this new deal IMM give 100 million shares to Lanstead
Which they hope that Lanstead will pay them back in 20 monthly payments of £300 K .... 300k x 20 = 6 million
For Landstead, they will only do that , IF the SP stays at the reference price of 8p ( and not 6p for the 20 months .)
In this simplistic example Landstead make approx £2 million + their free shares for having signed the contract
Now let's imagine 2 other scenarios
1) The SP is at 4p for the 20 months
In this case , Landstead will only pay £ 3 million to IMM Instead of the 6 million expected by IMM
So therefore Landstead make approx £3 million + their free shares
2) The SP is at 16 p for the 20 months duration
In this case Landstead will pay the full amount of £ 6 million to IMM + half of the difference ( sharing profits ) so approx £3 million extra so in Total approx £ 9 million to IMM
Landstead profit approx £ 7 million + free shares etc
As one can see from these simple calculations ...
Lanstead will always win if the SP stays flat, goes up or goes down .
** As we all know , the clauses in the contract are more complex and therefore this is just a quick, simplified approach **
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