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| Subject: 41.5c -----21c rounded.---twice 21 equals 42c | |
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Author: Divided by the 75.5 million shares |
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Date Posted: 09:29:28 01/26/03 Sun killershark (ID#: 418638) RE: 22.5 x 1.7 equals 38.25---Sydney 14/10/02 3:29:25 AM 5617521 « Prev Msg Thread « Previous in Thread Next Msg Thread » 0.3894039 39c rounded. ----------------------------------------- http://www.protonworld.com/press/exhibitions.htm Proton World will be present at the following exhibitions and conferences:February 2002 UITP Peter Stroo (Product Manager Proton World) will be speaking. ----------------------------------------- 75.5 million divided by 58.8 million equals 7788079 dividing the figure by 2 equals 0.3894039 39c rounded. (ERG's net asset backing before J.B. Weres figure.) ----------------------------------------- The ERG Group today announced the full acquisition of Belgian-based Proton World International (Proton World), the leading, global, high-security payment and identity smart card technology company. In consideration, ERG will issue the former shareholders of Proton World - American Express, Banksys, Interpay Nederland and Visa International - with approximately 75.5 million shares (representing 8.4 per cent of ERG's capital). In addition, ERG has agreed to pay cash consideration of approximately A$58.8 million. Resistance at 41.85430 42c rounded. ---------------------------------------- ERG advises it has successfully completed its $104 million rights issue. 207,974,122 new shares have been allotted to shareholders and Shareholding Statements despatched on 4 January 2002. ----------------------------------------- Amount paid additional to the issue of 75.5 million shares was 58.8 million ERG raised 104 million 104 minus 58.8 equals 45.2 million. ----------------------------------------- Divided by the 75.5 million shares issued to American Express, Banksys, Interpay Nederland and Visa International equals 5986754 60c rounded-----5986754 minus 3894039 equals 2092715 twice 2092715 equals 41.85430 present share price 41.5c -----21c rounded.---twice 21 equals 42c ----------------------------------------- Message Thread: 22.5 x 1.7 equals 38.25---Sydney - killershark - 14/10/02 3:03:27 AM > RE: 22.5 x 1.7 equals 38.25---Sydney - killershark - 14/10/02 3:29:25 AM « Prev Msg Thread «Previous in Thread Next Msg Thread » This message has been viewed 18 times Report a BullBoards Violation Ignore killershark Post Non-Threaded View [ Next Thread | Previous Thread | Next Message | Previous Message ] |