BLT - Blis Technologies

[GR8DAY]

.......can someone more knowledgable than me (please dont everyone answer), confirm the other cornerstone shareholders we have and the percentages they hold? I have managed to find Edinburgh Equity holding over 58million shares @ 5.6% and Sinclair Longterm Holdings with 144million shares @ 13.8%........who are the others? Just trying to establish the % of shares on offer that are "locked away"...... so to speak.

[garfy]

BV. I have to agree with your sentiments, and apologise for sending that post to this forum. A rush of blood….

[GR8DAY]

BV. I have to agree with your sentiments, and apologise for sending that post to this forum. A rush of blood….

........well accepted Garfy, it happens to us all at times....( and besides Im picking Moosie is big enough to not let it worry him too much)

[Nigel]

.......can someone more knowledgable than me (please dont everyone answer), confirm the other cornerstone shareholders we have and the percentages they hold? I have managed to find Edinburgh Equity holding over 58million shares @ 5.6% and Sinclair Longterm Holdings with 144million shares @ 13.8%........who are the others? Just trying to establish the % of shares on offer that are "locked away"...... so to speak.

Hi mate, try this article:
http://i.stuff.co.nz/business/indust...ill-March-2015

The holdings for NZPR Group, Asia Pacific Partners Ltd, Edinburgh and David Wu are all mentioned (I haven't checked with SSH notices to confirm accuracy).

I'm on my phone so not well placed to document it all nicely for you, but hopefully it will give you the info you're after.

[GR8DAY]

Hi mate, try this article:
http://i.stuff.co.nz/business/indust...ill-March-2015

The holdings for NZPR Group, Asia Pacific Partners Ltd, Edinburgh and David Wu are all mentioned (I haven't checked with SSH notices to confirm accuracy).

I'm on my phone so not well placed to document it all nicely for you, but hopefully it will give you the info you're after.

.....cheers m8, will do some further reading.

[simla]

Yeah, it's a little confusing.

According to that Stuff report http://www.stuff.co.nz/business/indu...ill-March-2015

Edinburgh 20.5%
David Wu 5.9%
NZPR 13.6%
Asia Pacific Partners Ltd 5.7%

20.5 + 5.9 + 13.6 + 5.7 = 45.7, as stated in that report.

Compare that to recent SSHs:

Edinburgh 19.47%% https://nzx.com/companies/BLT/announcements/243892 https://nzx.com/companies/BLT/announcements/243891 https://nzx.com/companies/BLT/announcements/243893
Xu Qi WU & Yao Hong SHEN 6.159% - so is this the same as "David Wu" 5.9%, or a completely different holding? I've no idea. https://nzx.com/companies/BLT/announcements/241390
NZPR 11.3% https://nzx.com/companies/BLT/announcements/240989
Hui Ai Adriana Tong, 6.5%, such a person named as a shareholder in Asia Pacific Partners on the companies website, https://nzx.com/companies/BLT/announcements/240891

ACC 3.8% https://nzx.com/companies/BLT/announcements/242440

19.5%+6.159+11.3+6.5 = 43.4 + 3.8 = 47.2

Add in the 600k new funding, which is 60m shares of 1042m = 6% dilution, then 43.4% becomes 40.8%. Add in the new 6% and thats 46.8%. Close, no cigars.

So, WHO KNOWS!!

Anyway, the bottom line is that about half of the company seems to be in shareholdings unlikely to release to the market. Additionally, and at a rough calculation, excluding all those people from the top 20 in the last annual report, there appears to be another 15% probably locked up in the top 20 there, plus whatever those people all bought this time around, which may be another 5% to 10%, and there appears to be maybe 35% of the company open for trading, and even those may be locked in people's minds.

All a VERY ROUGH calculation, do your own research!! I am totally unresponsible for having made a mess of those figures! Apologies if I'm wrong - please post corrections!

Does anyone feel these numbers are either correct or incorrect in principal?

[GR8DAY]

.....thanks Simla for all that......I had settled on that 45.7% figure but as you rightly imply, there's at least half the shares on offer, locked away as longterm holdings (we presume?)........my own also fall into that category. Happy to sit back and watch this story unfold now, buying into any lows. Going to be an exciting next few years I think....not to mention the next few months.

[clip]

All asks at 2.1 taken out, wonder if we'll hit 2.3 today

[Danzx]

.....i couldn't help myself....i took out the 100,000 at 2.1...next at 2.3

[Danzx]

.....i couldn't help myself....i took out the 100,000 at 2.1...next at 2.3

Opps that will teach me