Redgie, the consolidated shares should be worth 20c pre-opening because that's what people will have paid for them, but it's whatever people sell the for that sets the price. I can't imagine wanting to sell them on day 1 anyway so see what happens.
Vince, you won't know whether you got in until they're released next Friday. They'll accept your money regardless and look after it until closing date. If not, you'll get a cheque in the mail.
TWH Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held