Origo Partners Share Discussion Threads

[zcaprd7] 31/1/2017 11:01

Well, that's only going a fraction of the $100m. The rest will go to the ordinarys...

[russman] 31/1/2017 08:28

OPP were supposed to redeem 12m zdps.The max per zdp is circa 105c.

[zcaprd7] 30/1/2017 00:25

About half. $50m. I'm not sure how many there are because I've seen 2 numbers, one from you and one from the latest rns...

[russman] 29/1/2017 14:18

You have liquidated.You have $100m cash.How much are you paying out each ZDP?

[zcaprd7] 28/1/2017 14:03

About $50m. Perhaps more if the portfolio is worth more than the last stated...

[russman] 28/1/2017 12:31

How much are you paying out each zdp?

[zcaprd7] 27/1/2017 22:41

Latest figures mention 12m zdps as well...

[zcaprd7] 27/1/2017 22:39

Well, I'm assuming the liquidated net asset value doesn't actually cover the whole of the accretion, but it's roughly half and half...

[russman] 27/1/2017 11:49

Hypo how much are you paying each zdp?

[zcaprd7] 26/1/2017 20:35

I thought that element was what was getting redeemed?

[zcaprd7] 26/1/2017 20:30

Ah, the accreeted principle you mean

[zcaprd7] 26/1/2017 20:20

Why add the old liability, the new agreement (the splitting of divestments) replaces that?

[russman] 25/1/2017 21:29

Lets say each zdp gets 105c.

[russman] 25/1/2017 21:28

Right you have to add back the old zdp liability.

[zcaprd7] 25/1/2017 21:24

Post 634. Can't copy and paste on my phone... I note the world's largest copper mine is about to go on strike?

[zcaprd7] 25/1/2017 21:21

That net asset included the old zdps distribution, which is now defunct... Let me find my old calculations.

[russman] 24/1/2017 23:49

Net assets were $27m.Lets use $100m to argue the case.On liquidation how much is each zdp going to receive?

[zcaprd7] 23/1/2017 18:19

$100m was the number I used before I think...

[russman] 21/1/2017 11:06

Lets say opp was liquidated for cash with no further obligations on 31st Dec 2016.Choose a reasonable cash figure?

[zcaprd7] 20/1/2017 16:20

Should be 6 times difference not 10 then. So either they're too high, or these are too low? Or a bit of both?

[zcaprd7] 19/1/2017 14:19

How many zdps are there, 36m?

[russman] 18/1/2017 00:04

& there are 360m ords. Tenth is not televant.

[zcaprd7] 12/1/2017 00:14

Indeed. And they get a headstart if the portfolio comes in short, but surely the ordinary shares are a bargain at a tenth of the cost?

[russman] 11/1/2017 21:32

The zdp question is on liquidation how much & when. 105c potential.