POK 0.00% 20.0¢ potash minerals limited

Trading Halt - 28-Aug-15, page-2

  1. 1,089 Posts.
    lightbulb Created with Sketch. 172
    abdm

    Do you see a risk to existing shareholders that the reverse takeover will result in a reverse stock split thereby significantly reducing the number of shares owned by each shareholder?

    I see that Buddy is looking to raise $7.5 million by issuing 150 million shares - that is effectively an IPO at 5 cents per share. Am I on the right track here?
 
watchlist Created with Sketch. Add POK (ASX) to my watchlist

Currently unlisted public company.

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