So lets see if I have this right ?
IGS A$5.25m of SH funds to SFEG
IGS converted A$1.25m of the A$5.25 m to 9.3m SFEG shares
SFEG currently trading at USD$0.04/share
9.3 m SFEG shares @ USD$0.04 = USD$372,000
A$402,300 (@ 0.92)
So IGS SH funds of A$1.25 provided to SFEG and IGS gets back A$402,300 from A$1.25m
Or A$847,700 loss equalling a 69% LOSS on A$1.25 m
Well done !
So lets see if I have this right ?IGS A$5.25m of SH funds to...
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