SP1 0.00% $1.07 southern cross payments ltd

Shareholder Update, page-151

  1. 78 Posts.
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    One more question I had, because I’ve never been in a situation like this, is how is our share allocation in the new company decided?
    Is one share for every 10 held a standard thing? Or is it upto the company? I saw in the update that it said ISXAU holders now 100% own the new company, so why aren’t the shares just 1-1?

    I know probably a silly question, I’m just wondering how the process works!
 
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