CGM 0.00% 0.1¢ cougar metals nl

Ann: Notice of General Meeting/Proxy Form, page-3

  1. 6,495 Posts.
    lightbulb Created with Sketch. 175
    Yes, I do too although we have no other option.
    Seems they are big into Potash, India.
    Current SOI to be diluted to 30% as they will inject 1.5 bil shares into the system, which bodes the question as to a restructure / consolidation ??
    They will also do a CR which dilutes again.
    2.8b pre CR / listing.
    Will they have to re-list at 20cps if so a hefty consolidation will be in the wind.
    What's everyone's thoughts ?
    I currently hold 2mil so not too heavy in it.
 
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Currently unlisted public company.

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