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Von Trader was chatting about it, stating the consolidation is...

  1. ddzx
    37,911 Posts.
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    19/05/14
    20:38
    Post #: 13386584
    Von Trader was chatting about it, stating the consolidation is 10:1 when it is in fact 20:1

    they intend to issue the equivalent of 97,000,000 shares at 0.6 cents & 200,000,000 shares at 1 cent

    why would you buy at 3 x the placement price and 2 x the capital raising price?

    best to sell if you are a holder

    regards


    RCM Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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