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5,268 Posts.
40
08/05/14
14:34
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It is supposed to be the last day to trade securities in the stock today prior to consolidation/placement/recompliance.
Your shares will decrease by a factor of 5.715 and share price will increase by the same factor.
Using the current 5.5c
Last traded price on the day that shares end suspension early June following recompliance will be 31.43c assuming a 5.5c close
It's unlikely the shares will trade at that price on relisting with placement at 20c
existing shares post consolidation = 38m
20c placement shares = 45m
consideration shares = 82m
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