there is a consolidation . every 10 epe shares become 1 new epe share. they were 8 cents for the placement ( or 80 cents)
10 X 8 cent shares would become a 80 cent shares and so on. and well 25 cents would be $2.50 etc. so the ammount of shares on issue after the issue of shares to bandanna divide them by TEN. that will give the ammount on issue. d then there will be a $40 million capital raiseing -after the consolidation- i would say at atleast 80 cents a shares,( i think it will be more )
read the annoucments it does say it pretty clearly.
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