ADY admiralty resources nl.

re consolidation

  1. 27 Posts.
    I'll put it another way
    Previous to the announcement we were going to consolidate 1 to 10 to get one share in Rincon
    So for every 10 ADY shares we would have finished up with 1 ADY (consolidated) + 1 Rincon
    Now for every 10 ADY shares we have 10 ADY shares at present market + 37 million minus the cost of 10% of charge=10 ady shares + 1/10th of equity in Charge which is the same equity which we would have had previously + a bit of cash over??
 
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