Yeah, the disaster continues.
Even management were expecting this to fall going by the announcement.
If it trades at .005 (.006 got wiped) they will issue these share at a 10% discount or .0045 and that’s exactly what they expect.
$225,000 divided by 50,000,000 = .0045 so they are actually expecting it to trade lower!!!
Probably to pay for Forrestania and more wages. Useless twats.
Ann: RIL: Sale of Forrestania - Extension of Closing Date, page-24
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