HIG 0.00% 10.5¢ highlands pacific limited

kainantu restructure refinance at 29.7 cents, page-3

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    A rough calc at current exchange rate (aud/usd), means approximately another 87 million shares (not to mention the unlisted oppies). HIG may well have been saved from going under...but I wouldn't expect any great sp rise in the near future, with dilution like this the next few quarterly reports would need to be better than can probably be reasonably expected. I think we are all going to holding and suffering for a while yet.
 
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Currently unlisted public company.

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