You can either have 60c per share OR try and roll it over into the new company. They will only carry over 24.9% of existing shares into the new company and if they get more than 24.9, it gets scaled back
Thats my understanding.
At the end of the day, its a disgrace...plain and simple.
And you have one person to thank for this...Gordon
He doesnt give two hoots as his stake will be back up in value in 2/3 years time
BBG Price at posting:
60.6¢ Sentiment: None Disclosure: Held