ETR 0.00% 0.7¢ entyr limited

Ann: Revised Capital Consolidation Timetable, page-34

  1. 21,303 Posts.
    lightbulb Created with Sketch. 2079
    B.K. You are assuming that there WILL be a placement (who will take them up?) and the Convertible Notes will be converted (what, CTR shares instead of CASH??).
    A 1:100 consolidation does NOT change equity!!!
    Equity will ONLY change IF Resolution 7 and resolution 8 are converted into CTR shares. But, until we see how they play out, a .10 share will have exactly the same equity as a .001 pre-cons share.

    Now, the answer to that question and who the buyers will be (if any) after re-listing, is what all the conspiracy fairy tales are all about isn't it? Let's wait an see with bated breath.
 
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