Very true Temujiin, and I think that is the one major procedure that will significantly affect the ratio, and perhaps drop it down to something like 0.97
In the original AZX/GGG formula that was announced, there was no way for them to include the cash equalising procedure (at least, not at that stage), so it remained the unknown.
It is easy for GGG shareholders, they get 1 BAB share for 1 GGG share, however with Auzex spinning off all it's other projects, and distributing cash to the new entity, it created this convoluted formula.
Next Friday might be the day we get the definitive ratio.
I think that some investors are waiting for the Bullabulling listing, and want to see the price before buying in, or not.
Gw
- Forums
- ASX - By Stock
- AZX
- help needed - how many bab shares do i get
help needed - how many bab shares do i get, page-14
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online