After reading the rights offer. Have 500000 xtc shares, have been given 2000000 xtcr shares which will cost $2000 if I purchase.
If I let xtcr lapse I pay nothing and my xtc shares will be consolidated 4 to 1 therefore 125000 xtc shares might be worth 0.5 cents??
Is this the state of play?
Ann: Despatch of Offer Document and Rights Offer Now Open, page-20
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