OGI 0.00% 0.5¢ ogi group ltd

Ann: Acquisition of 6 Graphite Licences in Mozambique, page-29

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  1. 738 Posts.
    Mya stated in their announcement that the reco would change if the share price moved, OGI have not part of the agreement is a 1 for 67 , which the vendors would have agreed to, if that changes so will other parts of the deal.
    Consolidation of Capital As part of the transaction, and subject to the approval of shareholders, the Company will undertake a consolidation of its capital at a ratio of around 67:1 to meet ASX Listing Rule requirements.

    No room for change here, the 1 for 67 is part of the agreement.
 
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