The capital raising will be post consolidation so the cap raising participants would end up with twice the stake in the company as they would if there was no consolidation. The acquisition shares are adjusted if there is a consolidation.
Currently Zyber get 700 million shares with a proposed capital raising of 150 million shares at 2c. If there was a 2 for 1 consolidation, Zyber would get 350 million shares but the capital raising would still be 150 million shares.
- Forums
- ASX - By Stock
- DUO
- I believe this will be the week..
I believe this will be the week.., page-202
-
- There are more pages in this discussion • 82 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DUO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online