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Ann: TNG to demerge and IPO base metal assets-TNG.AX, page-99

  1. journeyman
    3,013 Posts.
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    05/08/16
    09:12
    Post #: 18450232
    Maybe for new shares that will be issued, but so far as I am a aware, an Australian company must make distributions (capital or revenue) in accordance with rules of their constitution and this in short dictates that all ordinary shares rank equally and receive an equal proportionate distribution...
    TNG Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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