GGE 25.0% 0.3¢ grand gulf energy limited

where next, page-80

  1. 3,469 Posts.
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    Rob,Scott

    ELIMINATION - A Dalek in the Tardis ?

    748 mil Shares in GGE ; 1701 sholders
    The average holding is 748mil/1701 = 440,000 close to.
    worth $5280 ATM

    We are told
    53% (910) hold parcels worth less than $500 Atm

    So the max selloff of that lot would be $500*910 = $455,000
    which represents (455,000 / .012) = 38 mil shares close to.

    So then if it's contained inhouse we have 791 used to be 46.5% sholders now 100% ,holding the fort having been resupplied with a brokerage free drop of 38mil having wiped out 910 punters and kept new ones at bay so they don't
    start the nonsense all over again.

    The average holding now 748mil/ 791 = 945,638.

    Bloody near doubled without any spikes .
    Realise those numbers represent the extreme case.

    What do the number crunchers and those who have been there
    before, expect the effect will be
    come Feb 10?

    CH$$RS R15
 
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