PET phoslock environmental technologies limited

I cant see the point in this. Every shareholder will continue to...

  1. 3,702 Posts.
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    I cant see the point in this. Every shareholder will continue to hold the same % holding in the company. All it will do it reduce the value of each share by 1/200 and increase the number of shares by 1/200 .
    It does is create an administrative chore for each shareholder, having to account for the new shares issued.
    Last edited by ZMan: 11/09/19
 
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