QGC queensland gas company limited

correct me if i am wrong

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    Can someone correct me if this post is wrong, if for example queensland gas makes a major announment (which I believe they will) and this pushes the sp to $1., does that mean that at 2 for one deal that the share sp of sgl would be 50 cents and so on, if this is correct then a major announcement is iminent I would expect.

 
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Currently unlisted public company.

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