Maths.
715000 divided by 15000 equals 47.67
That's just 1.7% of all shareholders.
Very hard to be optimistic about that.
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Maths.
715000 divided by 15000 equals 47.67
That's just 1.7% of all shareholders.
Very hard to be optimistic about that.
I think where you are going wrong is by not explaining yourself fully.When you stated "$715000 means less than 50 shareholders" you should have added " if all the shareholders had taken up their full $15000 rights"
Perhaps less assumption and more fact would be in order.
Maybe if more shareholders supported the capital raises they may have been able to move things along a bit quicker, so I think people that didn't support the capital raises are hardly in a position to complain.
Well new to the forum. I have only taken up $2k of the offer doubling my share holding. I may just be a new small investor , but how cool would this be when it finally returns to the faithful. In my mind you’re with in or you’re out!
Hey all - only just found this website very informative - cheers
I'm new to share trading and NTL was one of my first share purchases i did and slowly watched it go down in price lol. I havent lost hope and as it dropped i continued to buy more bringing my aveage down in the hope it would one day go back up....
I was somewhat disapointed (like a few others by the sounds) in the May update to not be closer to producing but understand the challenges in this sort of industry.
Anyway when the SPP plan came out I was a little shocked they needed more funds but after reading the SPP i also did some math on a spreadsheet and was all keen to invest both a bit of my disposable income and 1K of my kids savings (no where near the 15k max but 2 - 6k) from here I found this site and it has been some interesting reading and now not sure what to do. do I take a punt or not.
Do not invest more money than you are prepared to lose. There is always a chance you could lose it all. Personally i think there is a reasonable chance of making money so will be purchasing. But you need to do your own research and analysis before making your decision