I bet the Trident directors and shareholders are over the moon...

I bet the Trident directors and shareholders are over the moon with their deal with Mosman.
They swapped their 14,464,888 shares for 2,892,978 Mosman shares ie:5:1 ratio.
At the time of the offer Mosman was trading at .2275 pence = .45 cents AUD = .09 cents AUD. after 5 for 1 swap.

Therefore value of deal to Trident was $1,301,839
Mosman now trading at .0475 pence

VALUE OF TRIDENT SHARES NOW $271,128

$1,030,711 down the tube