WPI 0.00% 2.5¢ west peak iron limited

Ann: Quarterly Activities Report and Appendix 5B June 2015, page-55

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,745 Posts.
    lightbulb Created with Sketch. 26
    I'm happy to be wrong also.

    MW has 24 million in his name but I took the other 23million, whilst not in his name directly, are in the name of the underwriters which he is a director of and 60% owner of, so figured that all in all he owns 47million.

    This is taken from globe traders post on the 20/7th from the dream team thread...


    image.jpg

    Ive already noticed an error on my behalf, the underwriter only picked up 29.5million not 38million. So 60% of what the underwriter received is 17.7 million (what's attributable to MW ownership of the underwriter)

    So 41.7 million to MW or 21%

    So it's only 69.5% of the company held by the directors and their associated companies.

    I hope this is now correct. Sorry for my confusion, it's been a busy night at work
    Last edited by munchy360: 18/08/15
 
watchlist Created with Sketch. Add WPI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.