It would have been if there was not already another consolidation since it halted 2 years ago or so.
I thought the orevious one was 5 to 1 as well but seems it was 3 to 1
So 100k divided by 3 and divide again by 5
There will be 2 consolidations since it halted if it proceeds as proposed.
Is Angus also subject to the 2 consolidations.
If someone could dig up the old performance shares pre consolidation that will give us a starting point.
What performance have been met to gain these shares?
Other than cutting shareholder value by 75%.
As for the raise.
Their hope is to get this from a fund and if they do this will mean the end to any further shareholder vote as they will have the numbers.
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