Ann: Reconvened Second Meeting of Creditors, page-2

  1. 845 Posts.
    lightbulb Created with Sketch. 37
    Had a quick look and if the creditors accept the proposal then existing shareholder will be diluted to almost oblivion.
    It says a 150 to 1 consolidation which it says dilutes existing shareholders to under 5mill Surely that is incorrect ?.More like 350000 for the entire registry unless l am misunderstanding.
    Then 80 million shares at 0.005 and 10 mill at 1 cent. All of which existing shareholders cannot uptake unless they are sophisticates or professionals.
 
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Last
18.5¢
Change
0.000(0.00%)
Mkt cap ! $12.23M
Open High Low Value Volume
18.5¢ 18.5¢ 18.5¢ $6.999K 37.83K

Buyers (Bids)

No. Vol. Price($)
1 10000 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 25648 2
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