noone who can read and comprehend English is genuinely concerned about the deal going ahead
The concern is the consolidation ratio
Many have been short changed on reverse IPOs in the last 12 months due to consolidation in the midst of hype catching many holders out when trading goes into suspension
A recent example is TV2, in amongst the hype many were holding shares post consolidation at around 3c, had they dumped them, they could be buying them at 1.8c or better now!
This is exactly how ODN is playing out by withholding the consolidation rate, many will be left holding the bag imo
ODN Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
