GRK 0.00% 0.2¢ green rock energy limited

Ann: Foster Stockbroking appointed Lead Manager $5m raising, page-13

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  1. 7 Posts.
    Please correct me if im wrong, but does this mean that after consolidation fosters will sell off atleast $4m worth of shares(That are held by copulos group) to fund the drilligg campaign? So it wouldnt actually be a dilution?

    or does it mean after consolidation there will be a cap raise that only fosters broking are able to buy the shares on offer?

    or is it neither

    anyway the consolidation ratio will be very interesting.
 
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