JPR 0.00% 2.6¢ jupiter energy limited

Ann: Change in substantial holding - Waterford, page-12

  1. 3,710 Posts.
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    wow - great math:
    https://hotcopper.com.au/data/attachments/4890/4890118-63d64e8be0ca8ff8ef37d3c40f82e751.jpg
    WFI will hold 62.5% of the company.....than how the F does every1 else own 72.1%?!! rolleyes.pngconfused.pngtongue.pngtongue.png

    hoping for holders that it wasnt the same person who struck this "amazing" deal that swindled 62.5% of the company from under you all.......!!! typical chinese style debt choke - u want an asset - choke them with debt theyll never repay, squash the share price then equity convert! u gotta luv it! NOTmad.pngmad.png

    some1 needs to qualify this - completely misleading - former shareholders diluted down to 37.5%.....surprised it wasnt more - paladin was left with <10% when they debt choked that...!

    disclosure: former holder - circling back after a few years....
 
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