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Gold/Mining/Energy : Zentek Ltd - ZEN -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (2924)9/4/2013 5:47:19 PM
From: Glorieux  Respond to of 22795
 
Fund total value was $11,029,404, ZEN was 9.2% of NAV or $1,014,705 worth. On May 30th, shares were $2.30 so they would of had 441k shares only. No where close to the 11M shares you mentioned RR. Plus they would of been a reporting issuer with that many shares which they never were.



To: Rocket Red who wrote (2924)9/4/2013 5:48:12 PM
From: enmec3  Read Replies (1) | Respond to of 22795
 
Rocket not to beat this one to death but the stockhouse link you posted where chief put link to the March 31st holdings the fund has a NAV of $11mill appx.

Zen is 9.2% of NAV which is about $1mill (dollar value)
At March 31st share price of Zen we are looking at $2.00 per share appx, so it equals to 500k shares of Zen held at the time by Alpha North.

I am about to run out of my minimum 5 posts per day lol


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