With the 1 for 4 consolidation in the works already im wondering if that number will change due to the higher share price?
A 1 for 4 with share @ 5c then = 20c relist. (after the prospectus and capital raised) But what about if the stocks @6c or higher, then is it a better consolidation for current share holders like a 1 for 3 or similar?
Any thoughts..
Ann: JAT to Acquire Queensland Coal Assets , page-11
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