My guess is 12 cents
Previous closing price
That is after a 10 for 1 offer
I imagine it will get sold down pretty quick
So if we are lucky and fast we have lost only 90% from previous close
For me that is a loss of only $48K on my 350000 shares
Expensive lesson
But one well learnt
Imoo
execution of deeds of company arrangement, page-6
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