HCH 3.23% 90.0¢ hot chili limited

Ann: Hot Chili Submits Second Maritime Application, page-16

  1. 1,201 Posts.
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    No, in some of the other companies I’ve held, existing shareholders are given in-specie shares in new company based on a certain % of existing holdings ~ equal to value it would subtract from parent company!

    so existing shareholders are not disadvantaged by any means and there is a huge potential for both companies to rise independently of each other.
 
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