Saved from receivers. Backers are confident it's a turnaround. Some new experienced managers. One will pay $500000 for his entitlement.
4 cents will hurt newcomers but gives older holders a chance to recover.
Holdings will increase by 150% for 4 cents.
Free options, that will be a play in itself. I will be given more options than my current holding.
Looks like the record date will be set before trading commences.
- Forums
- ASX - By Stock
- WMC
- Ann: Recapitalisation to Underpin Transformational 2018
Ann: Recapitalisation to Underpin Transformational 2018, page-6
Featured News
Add WMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online