SP1 0.00% $1.07 southern cross payments ltd

Ann: Demerger of European Businesses, page-197

  1. 841 Posts.
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    I am surprised at the poor understanding of many here.
    Since it seems difficult to comprehend, think of your holding as a percentage of the assets and liabilities and also revenues and profits and losses of the entity combining ISX+ISXFEU.

    If you own 1.37% of ISX previously you will own 1.37% of ISX+ISXFEU.

    Your equity remains the same.

    And i am also surprised that people cant grasp share consolidation.
    Nothing changes when selling shares as far as profits go. Whether you are issued @10 for 1 or 100 to 1 or 1 to 1.  Simple maths people.
    LOL.
 
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