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.
Had a quick look and if the creditors accept the proposal then...
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Last
23.0¢ |
Change
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Mkt cap ! $12.75M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 25000 | 22.0¢ |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AHK (ASX) Chart |