CEO c @ limited
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ann out now !!, page-8

  1. bungy234
    13,335 Posts.
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    27/10/11
    10:20
    Post #: 9197843
    SLOGGER

    I think you'll find that they had no choice in the matter. Listing Rules can get a bit tricky.

    The exercise value of the listed options must be 20 cents. If they were a 2 cent option, the minimum consolidation would be 10 for 1.

    The only way around it would be to delay the reconstruction until after the listed options expire on 30/4/2012, and that ain't going to happen!!!
    CEO Price at posting: 6.9¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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