FDM 0.00% 1.1¢ freedom oil and gas ltd

Ann: Freedom Executes Subscription Agreement, page-4

  1. 368 Posts.
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    What dos this mean: "In particular, Freedom proposes to undertake an 8 for 1 rights issue at 0.5 cents (AUD 0.005) per
    share."
    What does this do to the sp when it goes live again?
 
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Currently unlisted public company.

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