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.