Hold on guys, not quite so sure that this is a bad deal
(not ramping-far from it-need the buys at 2)
The 8:5 offer- at 0.0o1 - so buy 8 shares at 0.002, get 5 at 0.001 = 13 at 21 (less than 2) - so ahead.
Even buying at 0.003 - at the 8:5 ratio thats 13 shares at with av price 0.0023
(may change my sentiment to buy when i get my head around the convoluted deal)
Now what happens when this is re-listed, potential for a massive re-rate.
It comes down to how good the new co actually is…….. will US investors jump on board???
maybe i have missed something in the maths, particularly wrt to the 70:1 consolidation.
…oh and i was wrong about agri related….still this will happen.
MOO Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
