TAW 0.00% 31.0¢ tawana resources nl

Who wants to have a $1 Party?, page-48

  1. 6 Posts.
    Can someone please explain how will the spin-off work?

    Am I right to understand that 85% of the shares will be given to existing shareholders and 15% of the shares will be issued for capital raising purposes?

    Does this mean that price for 15% shares newly issued will set the price for the rest?
 
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