hot capital , not all recons / consolidations bring the shareprice down
what did you mean by 'we are all stuffed' ?
SLT is planning a reconstruction and consolidation of around 20:1 i believe. however I expect that they will couple this with the announcement of the resource acquisition. therefore any downside that comes with the recon will be negated by the pump in the acquisition news. in the end holders come out in front.
FRE should release news about their acquisition first, the required capital etc etc and then the rate of recon
agree though that normal recons with no announcements often are detrimental ... think we are a little different here
fre - chinese shell play ?, page-24
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