the gunslinger 3,366 Posted June 24, 2014 Share Posted June 24, 2014 stop teasing us forlan 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,146 Posted June 24, 2014 Share Posted June 24, 2014 stop teasing us forlan This perhaps... http://www.sharenet.co.za/v3/sens_display.php?tdate=20140617171100&seq=48 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted June 24, 2014 Share Posted June 24, 2014 This perhaps... http://www.sharenet.co.za/v3/sens_display.php?tdate=20140617171100&seq=48 In english...what's it mean, and how does it relate to RIFC??? 0 Quote Link to post Share on other sites More sharing options...
buster. 4,808 Posted June 24, 2014 Share Posted June 24, 2014 This perhaps... http://www.sharenet.co.za/v3/sens_display.php?tdate=20140617171100&seq=48 Thank's Frankie ! "Off market disposal of shares for no consideration" It appears DK is selling (or transfering) shares in Micromega....but I'm puzzled by the 'no consideration'. You don't give shares away. Any financial folk want to translate ? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,146 Posted June 24, 2014 Share Posted June 24, 2014 In english...what's it mean, and how does it relate to RIFC??? Liquidity to spend hitherto inheritance money perhaps? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 24, 2014 Share Posted June 24, 2014 gave shares away to to other board members it seems. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,146 Posted June 24, 2014 Share Posted June 24, 2014 Could be a variety of reasons for the trade with the consideration perhaps monetised in the future. Certainly an interesting point of order. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 24, 2014 Share Posted June 24, 2014 how much are 15 million shares in micromega worth? edit am i reading this right $1049 a share? so 100 million quids worth of shares given away. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,146 Posted June 24, 2014 Share Posted June 24, 2014 how much are 15 million shares in micromega worth? edit am i reading this right $1049 a share? so 100 million quids worth of shares given away. Nah, I think it will be 1000 SA cents a share so around 55p. That means just over £8m worth of shares depending on the consideration. PS: Please take my maths and finances with a rather large pinch of salt... 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 24, 2014 Share Posted June 24, 2014 Nah, I think it will be 1000 SA cents a share so around 55p. That means just over £8m worth of shares depending on the consideration. PS: Please take my maths and finances with a rather large pinch of salt... makes more sense i got the 1000$ from here http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MMG:SJ looks 115 million shares in circulation' it's a sizeable chunk of the company either way. use buckets of salt for my maths 0 Quote Link to post Share on other sites More sharing options...
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