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COW cowan lithium limited

COW Allocation, page-17

Currently unlisted. Proposed listing date: TBA

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eriktufa

631 Posts.

24

07/10/18

14:57

Post #: 36027569
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Originally posted by Colousa ↑

Thank you for the above which I agree with.
However, it is of concern that the paragraph below the bold section appears to give COW shares in one hand and take away COW shares in the other, with no immediate notification.
A better way would be to restrict small holders of TAW on record date from acquiring new COW shares if their holding was to be under 500 Dollars.

So in the current TAW arrangement of 1 COW share for every 11.1 TAW shares, the holder would have to have a minimum of 27,750 TAW shares to be considered for a COW allotment, to afford him a marketable parcel of 500 Dollars at 0.20 cents.

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I think you should point out that TAW holders will STILL receive COW shares even if they have sold TAW after the merger date.

Unless I'm wrong.

COW Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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