CDY 1.43% 7.1¢ cellmid limited

Could be wrong but this is what I understand is most likely...

  1. 1,750 Posts.
    lightbulb Created with Sketch. 132
    Could be wrong but this is what I understand is most likely to happen.

    Shareholder has 50,000 shares
    CDY SP 1.50 at the time of Split
    CDY Evolis contribution to profit 66%
    CDY MK contribution to Profit 34%
    Shareholder is issued 50,000 shares in new Company
    ADV Evolis now 1.00
    CDY MK now .50
    and both will find their own way along from there and will report individually.
    Shareholder has 50,000 CDY MK shares and 50,000 ADV Evolis shares.
    IMHO
 
watchlist Created with Sketch. Add CDY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.