NEW INVESTORS BLUEPRINT ?

[Ardiles]

How do they get 25%, the new lot 75% and Power and Emmell 23%.

Are we breaking mathematical rules?

It's simple.  Sandy adds 17.5% for the VAT and then Bowden (remember him?) adds another 20% for 'goodwill' - making 137.5%.

If you then deduct the new owner's 75%, the current rabble's 25% and Bill P/Phil E's 23% you're left with 14.5%...which then, due to the wonders of financial engineering, magically disappears.

[Power to people]

Could they not do a shares rights and issue new shares in the company that these new investors snap up thus reducing the amonut that Bill & Phil own.

Could there be some sort of financial engineering going on ?