RIL 50.0% 0.3¢ redivium limited

RIL battery recycling discussion, page-260

  1. 4,650 Posts.
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    I don't really understand how it was worked out because, originally, RIL was supposed to get 500 million shares.

    https://hotcopper.com.au/data/attachments/6197/6197445-71dc67a7d82236ef9bb6d93c3308b378.jpg

    Then, from the time of that agreement to now, CLZ underwent a 25:1 consolidation.

    500,000,000 / 25 = 20,000,000.

    RIL should have 20 million shares after the consolidation, not 10 million. So, I don't really understand what's going on.

 
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