ZIP 1.51% $3.36 zip co limited..

Ann: Convo App Update, page-25

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  1. 4,150 Posts.
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    Tricky , generally a value is put on a shell of say 1 to 1.5 mill , if an company is aquired for say 15 mill , its a 10 to 1 dilution for existing holders , at 30 mill its a 20:1 dilution , its just plain simple maths ?

    This can be done in many ways , as you point out there are 150m shares so to aquire say a 10 mill value company 1.5 billion shares would be issued , far better to consolidate 10 to 1 and get rid of small shareholders and obtain a more manageable register.

    And yes been on the side of this one all the way from the bot farms , ambassadors etc , had some good banter with the posters and continue to monitor the thread.
    Last edited by Icarus: 20/05/18
 
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$3.36
Change
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$3.31 $3.40 $3.26 $37.72M 11.25M

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No. Vol. Price($)
2 60746 $3.35
 

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Price($) Vol. No.
$3.36 426165 4
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