SP1 0.00% $1.07 southern cross payments ltd

ISXFEU Share Buyback, page-87

  1. 264 Posts.
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    i am completely lost on this matter.
    If the proposal is 0.75$ per share, and we get 1 share for every 10 shares of ISX, does it mean 0.75 is equal to 0.075?
    So if someone was holding 10k worth of share @1.07, they could sell them all for like $700 dollars?
    Sorry too many posts to read.
 
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