Member Info for Yaryls

Sorry share price uplift based of £100m award not dollars.

"The payout is still the same, how can the company dilute something it doesn't own yet?"

Prior to the placing there were 366,545,401 shares which would have had an equal split of the current value of the company and any future successful arbitration claims. Now there are 415,083,443 shares also with an equal call on the current value of the company and any future successful arbitration claims. The current value may have increased by the conversion of the loan notes and the cash injection but however it is spun any future arbitration awards (if they occur) will be split between 415,083,443 shares rather than 366,545,401. For example a $100m award would be worth 24.1p / share rather than the 27.4p / share prior to the placement - about a 12% dilution (all be it hypothetical at the moment).

"Good point - the award is gaining value daily at the moment!"

Apologies if I'm incorrect but hasn't any award (including the ICC1 payout just fallen 10% due to dilution from the recent placement / loan note conversion?