GAU great australian resources limited

in specie distribution of shares

  1. 7,421 Posts.
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    Hi all

    Just wondering if someone could please explain what a "in specie distribution" is. I understand it's existing shareholders will get an opportunity to purchase shares in the new Platinum comapny.

    Will it be a 1 for 1 offer? etc

    BTW name me a company with a market cap of 20m who is about to announce a JORC for Platinum, besides GAU of coarse.

    The nickel play could be very interesting also
 
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