HYO 0.00% 26.0¢ hyro limited

Ann: Information for Shareholders , page-9

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. 91 Posts.
    lightbulb Created with Sketch. 4
    So here is the calculation.
    The floor was negotiated up from 35c to 50c hyro share price which is $6.87 Kitd share price. The floor calculation kicks in at the 6 month period ( around December ). So if the kit share price is $1, kit will have to increase the shares issued to Hyro from 2m to 14m, if the kit share price rises to it's 12 month high of $14 the value of the Hyro holding will be $144m divide by the Hyro shares on issue of 26m = $6 per Hyro share apprx.
    As for mr Cohen, look up Isoft.
 
watchlist Created with Sketch. Add HYO (ASX) to my watchlist

Currently unlisted public company.

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