WPI 0.00% 2.5¢ west peak iron limited

I'm happy to be wrong also. MW has 24 million in his name but I...

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  1. 2,745 Posts.
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    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
 
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