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31.0¢ tawana resources nl

Ann: Demerger Update and Notice of Meeting & Prospectus, page-54

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captjohn

2,929 Posts.

321

05/06/18

10:53

Post #: 33496894
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Originally posted by Marfox ↑

So ... pretty confusing still for me (Aus.Holder)

The way I see it is -

- I currently hold 45,000 TAW Shares.
- Allocation of Cowan shares will be 4,054 ( 45,000 / 11.1 )
- I receive some form of share certificates until listed on the ASX.
- However, 4,054 x 0.95c (that's point 95 of a cent!) = $38.51 which is an "unmarketable parcel"
- I declare that I wish to retain holdings to 'whoever' issues certificates until listing.
- I compete along with all the big thugs in the IPO at 20c trying to build a decent holding worth having.

Seems pretty ordinary doesn't it ?

Expand

line 4 needs another zero !!...ie $385.10

Last edited by captjohn: 05/06/18

TAW Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
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