Please note this is second hand information - but the prospect of a consolidation was raised, an off the cuff remark was made.
A possible scenario would see debt - convert to equity, hence your percentage shareholding decreased, the registry blows out astronomically at these prices, company proceeds with a consolidation - you take a haircut.
An unlikely scenario IMO, I don't think any of the creditors would go down this path, unless it was on very favorable terms, again current shareholders getting bent over.
- Forums
- ASX - By Stock
- QFX
- Ann: Streaming Grew Strongly in September Quarter
Ann: Streaming Grew Strongly in September Quarter, page-38
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)