Does the new injection of funds and proposed spin off via IPO change anyone's thoughts on the consolidation issue ? Or is it still the view that the only benefit is to Lind?
The only question I have is how you split in two a company only valued 0.002 , and does that mean that ANW will be only worth 0.001 after the spin off of the Granville assets? Will the IPO be done at a figure which consolidates the value anyway by setting the IPO at say 1 cent and adjusting the amount of shares on issue anyway?
Very interesting times.
Christopher
Ann: General Meeting for Share Consolidation, page-84
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