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20.0% 0.4¢ titanium sands limited

recap by june, page-9

  1. ikhutch
    510 Posts.
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    11/04/10
    22:09
    Post #: 6558624
    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.
    TSL Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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