ECQ 0.00% 2.5¢ eco quest limited

wow, some one didn't like this annual,, page-12

  1. 1,727 Posts.
    lightbulb Created with Sketch. 4
    Sorry but I don't understand the announcement and the conflicting posts. Does this mean that current holders of ECQ will have their shares consolidated into the new company at a rate of 1 to 20 ?

    Appreciate if someone could just explain what it means in practice.
 
watchlist Created with Sketch. Add ECQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.