TSL 25.0% 0.5¢ titanium sands limited

recap by june, page-9

  1. 510 Posts.
    DELISTED.Com - has the following - 'receivers announce a binding agreement has been entered into to recapitalise the company.' Can someone please further explain - WHAT DOES THIS MEAN FOR CURRENT SHAREHOLDERS? I was of the opinion that current shareholders would be shareholders in the new company (albeit heavily diluted) .... as a person sucked into this project (and stupidly not watched attentatively) ... I am hoping for some minor recoupe... again ... any info would be great! cheers ikhutch.
 
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