re-rating due, page-75

cashmeifyoucan,
As we stand , AYG has an obscene number of shares on issue ( 2.56bn shares)
There were 440m shortfall shares ,of which 57m were issued recently.
They have a window till Nov 7th (i.e. 3 months after the close of the offer on Aug 7th) to issue more of these shortfalls.
I sincerely hope they don't...otherwise we will have a mammoth 3bn shares floating around....Like counting peanuts.
There is no excuse with the new CBA facility to issue such discounted scrip.
We should know within a week....November 7th.
Perhaps 10:1 or even 100:1 consolidation can remove the stigma of the penny dreadful.