My understanding : at 45:1 consolidation- 45.000.000 mil share will become 1.000.000 mil shares (45 mil shares@ 0.001=$45000 .....1 mil shares@ 0.05=$50.000 (as long as re rating is 1 share=0.05c -all good here ....but.....Now....if buy at 0.002c per share ,45mil [email protected]= $90.000.... SO after consolidation (45mil shares=1mil shares) and re rating @0.05c i will be in loss $40.000 ,unless the share price opens at 0.09c( 1mil [email protected]=$90.000 -just to get even?!?!?).....the other thing about the CR offer 8:3 someone was saying onHC today that the CR will be open to public and not shareholders exclusive...again...is that right?!?! Has anyone else worked this out differently..pls..would like to hear other people opinions
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.