SSN samson oil & gas limited

IMHO the forward plan is to remove the remaining 30% of common...

  1. 239 Posts.
    IMHO the forward plan is to remove the remaining 30% of common shares from the ASX and convert them to ADRS.
    70% is the ratio of ADRs already leaves 2,820,000,000/100X30 = 846,000,000 common shares.
    If Samson O and g left the ASX forever those shares would convert to 4,230,000 ADRs.
    Overall 14,500,000 SSN shares left.
    If thats the plan that would be a smart one.
    All above imho only...

    c
 
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