Assuming my current 61000 shares will be valued at 0.005 when they relist and if I take up my entitlement offer then I will have 68176 shares worth $340.88 at 0.005.
To make my money back ($18335) the shareprice will have to increase 5279% or climb to 0.27c
Existing holders are getting bent over big time. To think I first paid 0.41c for these.
Hopefully they will offer a buy back of non tradeable parcels to save me brokerage.
Ann: Pro-rata Non-Renounceable Entitlement, page-18
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