GOE 0.00% 2.7¢ go energy group limited

re: suspended pending recapitalisation vote Can anybody confirm...

  1. 114 Posts.
    re: suspended pending recapitalisation vote Can anybody confirm my rough calculations?

    David Richardson gets 43.58% of company for $1.5mil. This means SOO has cap of $3.51mil.

    Last traded price is 15.5c for a cap of approx $12.4mil.
    But new cap is $3.51mil so share price to start trading again at 0.044c

    Is this right? If so, what a disaster.

    I cant see a light at the end of this tunnel.
 
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