WMN 19.6% 6.7¢ western mining network limited

Hello everyone, Can someone please explain what this means for...

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  1. 612 Posts.
    lightbulb Created with Sketch. 8
    Hello everyone,

    Can someone please explain what this means for current shareholders?
    Current shareholders can choose to have (number of shares owned x 8) at $0.001 price?
    Am I right?
 
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Currently unlisted public company.

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