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Ann: Acquisition of 6 Graphite Licences in Mozambique, page-30

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gonegassed

13,783 Posts.

21/10/14

11:42

Post #: 14154966
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Originally posted by sstop ↑

Mya stated in their announcement that the reco would change if the share price moved, OGI have not part of the agreement is a 1 for 67 , which the vendors would have agreed to, if that changes so will other parts of the deal.
Consolidation of Capital As part of the transaction, and subject to the approval of shareholders, the Company will undertake a consolidation of its capital at a ratio of around 67:1 to meet ASX Listing Rule requirements.

No room for change here, the 1 for 67 is part of the agreement.

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the 67 to 1 consolidation terms ...is KEY to the sp direction now

OGI Price at posting: 1.9¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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