PDN 5.94% $8.20 paladin energy ltd

They should have issued new shares equalling 49 times the...

  1. 756 Posts.
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    They should have issued new shares equalling 49 times the existing number and given them all in settlement of pdn's debt. The effect would be the same - current holder left with 2% new holders 98%. But current holders would still retain all their shares. Would this make them happier?
    ps I lost on these too.
 
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