i would definitely want that to happen it would devalue the shares we have and ruin the share price
I have never been part of a share consolidation that favoured share holders in the short term
We would only have 1.3bil shares on offer which in reality isnt that much considering more than 60% is held by the top 20 holders
All we can do is wait and hope that the managment team have some foresight in getting the best deal possible without acting to desperate and taking a low offer
CIG Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held