clarifying

I'm currently trying to clarify with CommSec as to whether TOXDA is supposed to be trading as 1:1 or 1:8. I have rung Computershare (and spoken to a lady in Indaia!!) and they suggest that it is still 1:1 as the record date for the consolidation is 28th Sept, so it must still be 1:1 - i.e. 0.145 as per last night's close. CommSec are also trying to find out for me to be certain, and they are going to call me back. If it's actually 1:8 already, then the current buy offers are really a con at 16.5 cents, hoping to suck in some poor sod to sell his shares at what they think is a good price, but is actually 1/8 of what they're worth.

As soon as I find out the facts, I'll post it here.

Also - our portfolios will continue to show TOX, and as Suspended, probably for about a week until the CHESS holdings get updated by Computershare. Until that time, TOXDA can be traded, BUT only by phone at internet rates. Which means no quick jumping on or out of opportunities - it takes time to call CommSec, eTrade, or whoever, and have them make the trade on your behalf.

Bit of a schemozzle all round, really - especially the fact that nowhere has it been made clear in the announcements if TOXDA will be 1:1 or 1:8