RE: keras market cap21 Aug 2018 17:32
Hi BrewDOG
For detailed info on this anomaly Sweet100 is your man.
However, I was concerned in the early days that people’s expectations of the payout were over exaggerated and likely to be disappointed if it didn’t materialise.
So I emailed Dave Reeves, his response gave me the confidence to believe……..most important in any situation!! (By this time I’d already committed half of my investment here!)
Daves reply
“Based on the current shares on issue of Keras, you will get approximately 1 CAI share for every KRS shares once the final performance shares are issued. So if you had 1 million shares in Keras you would get approx. 330,000 CAI shares which are worth approx. GBP7,700 today, but hopefully a lot more when this happens.”
Regards
Dave
From: ( removed for privacy )
Sent: Saturday, 3 February 2018 2:49 AM
To: David Reeves <dave@kerasplc.com>
Subject: Bonus Shares
Keras Resources Plc Director: Dave Reeves Email: dave@kerasplc.com
So response from Dave was “one million Keras shares = 330k Calidus shares once out of escrow (held as a result of ASX listing rules, till June 22nd 2019) although there has since been a proviso in the podcast 9th August with Q&A with Russell Lamming to do with company’s funding requirement at the time !
https://www.voxmarkets.co.uk/company/KRS/multimedia/
The method of transfer has still to be confirmed and as such, many on this BB are still unsure how it will affect their, ISA, Pensions, SIPP’s , Drawdown’s ect.
I would say, get in while you can, I will be adding once funds allow; even if the shares rise on Togo outcomes, the payout in Calidus shares will cover the outlay in the long term. (No ramping on this site!!!)
Regards
pc
GLA