What Rick says was correct but I think that will need to be reviewed under the new COW float arrangements, expected from January onwards.
We received Cow based on a 11.1:1 Taw:Cow ratio. At demerger they valued the Cow at 9c from memory. At the float we know were trying for 20c a share. As we know that float was withdrawn.
For anyone holding less than a marketable parcel at time of new float the option was to simply top up on market straight away.
TAW Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
