what was once trash, has become treasure.
"Before Centro stapled securities equivalent to 14.9% of existing issued securities will be issued on or before 15 January 2009 to the Australian lenders and US private placement noteholders on a pro rata basis at market value"
Does this mean that if share price goes up tomorrow to $2, then dilution will be minimise.
let just hope the sp is sky high when the securities are issued.
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