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10.0% 3.6¢ golden deeps limited.

Ann: Completion of Consolidation of Capital, page-9

  1. mr_delta
    12,137 Posts.
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    11/08/23
    10:30
    Post #: 69285165
    your max loss is 1 share when it is rounded down - the reason it cannot be rounded up is if at the end of this exercise the total number of shares on issue goes up by a few shares while rounding up - it can trigger some bigger problems like getting approvals and all that...

    so rounding down is the norm... the max any shareholder makes a loss is 1 share... do the math
    GED Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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