Pandoras Box Part 317 Jan 2020 12:11
Pandoras Box Part 3
So we believe ForCrowd are unloading up to €40,000 worth of shares and we can take an intelligent guess that the optimum price to sell to gain the maximum additional shares for the difference of 90% is 0.25p.
So hypothetically let us say I have this get out of jail free card and I sold say 5 million at 0.25p then I would have received £12,500. Also let us say I had bought these shares about the 18th December when two people bought at 0.344p (9:59am 500,000 and 2:11pm 2,906,976) but with charges I will say my actual cost was 0.3482p
Therefore my actual cost of my notional 5 million buy would have been £17,410 but I would have only received £12,500. So the paper loss would be £4,910 and 90% of that is £4,419. If I was able to buy at Nominal Value then I would get exactly 1,767,600 shares (note LtdAxis it is not 1,769,400)
Using this morning’s 4,109,317 the cost at 0.3482p would have been £14,308 so as they received £10,273 then loss would be £4,036 and 90% is £3,632 and you could get exactly 1,452,831 shares. In total you could get 3,220,431 (1,767,600 + 1,452,831) and have £22,773 cash in the Bank.
Now because ForCrowd had an extension to their window to sell some may say that has depressed our share price but surely no BoD or Nomad or Broker or PR Company would ever countenance that.
Why or what advantage is there to have a low share price? Answers to be sent to BoD, Nomad, Broker and PR Company asp.
RKB