Yes the new shares are worth .0005,that is 1/20 of a cent.
Half of .001 which is the current price.To raise $615,000
being partially underwritten.The best that can be expected
I suppose.Which means 4.920BN shares on issue.Must be a consolidation somewhere down the track.Just glad I dont hold,but do hope for the best to frustrated holders.
Ann: Information for Listed Option Holders , page-8
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