TOE 6.25% 34.0¢ toro energy limited

Robert42, One of the ways of attracting finance is to...

  1. 5,349 Posts.
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    Robert42,

    One of the ways of attracting finance is to consolidate the two billion shares on offer.
    At ten percent, that would make the share price look very healthy ( 48 cents a share).
    And shares on offer reduced to, two hundred million.

    Then the financial lending body would claim about two hundred million shares as well as the
    usually loan agreements.

    Sad news is that our share holdings would be reduced by ten percent.
    Mine, one million to one hundred thousand.

    SHITTTTT, i hate the thought.
 
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