CEO 0.00% 4.2¢ c @ limited

Slogger, the shares wont be $20c its the options that will...

  1. 1,525 Posts.
    Slogger, the shares wont be $20c its the options that will change from 1c to 20c, As for shares who knows it depends on what market says between now and AGM, Based on todays price (7c) the shares would reopen at $1.40 after AGM, Should market like it then shares may move to 10c (thus it would reopen at $2.00 post consolidation, If the market doesn't like it we could move to 5c prior to AGM thus shares would relist at $1.00.... It just depends now on what the market thinks of the licences etc..

    No matter what happens todays share on offer and options will consolidate from 600 mill (approx) to 30 mill approx. Then new shares will be issued for the money at the new price so lets say its $1 on consolidation then $28m = 28m new shares or at $2 then $28m = 14m new shares.
 
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