CGB 0.00% 2.1¢ cann global limited

Ann: Consolidation of Capital Complete, page-4

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  1. 2,154 Posts.
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    Cheeky buggers threw in an extra SIX shares (2,000,006) into their 'Performance' shares.
    Knowing them, there's probably a reason behind it too...

    Original quantity pre-consol was 50,000,000
    Consol ratio 25:1
    Simple math even for a 2-yr-old...well, maybe a 10-yr-old..

    Maybe they deserve it though.
    Er, I mean deserve the 6 shares and leave the other 2,000,000 to gather the inevitable amount of dust.
    Yeah, I guess 6 x 5c = 30c is about right for the performance here..

    Somehow, they also stripped out a few million shares from the new total (of current SoI - shares on issue) if you compare the earlier figure of today's ann re them having to delete the +700m options.
    Jeez, you can't blink one eye here or something's gonna slide by without knowing !
 
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