A certain IPO. The Bank, Ad agency or the IPO.

OK. 8.52 is after conversion. Where's the play now? Does 4.7 now amount to more than 8.52 later? Glad shares issued to market will eventually be 6B. Free float circa 5%. Let's see.

7.4B, thanks for the clarification. Vodoonomics . Yup, been following the news. Let's see.

Indeed. Paid in full.

Late October

A better approach to understand the conversion would be to look at the KQ Lenders Co Ltd offering post share split but pre consolidation

Yes. That's what's up. However the minority shareholders will need to pump in more cash via the Open Offer to achieve parity with the conversion shares of the majority shareholders..

This deal takes the Crown for con of the century.

Will there not be plenty of shares offered in the Open Offer that there's no need to hold onto the existing shares? What's the ratio of the Open (Rights) Offer? I recall during the Rights Issue in 2012, folks were ready to sell Rights at 5 cents.

Brief, very clear, accurate, precise, true, measurable, guranteeable statement, so far i have heard about kqueer
Convert four(@trading at 4.5) shares to one( in theory that would trade at 18/= @). Create new shares and offer them to public to buy a companies name for 1.xy then expect buyers at 1.xy to book their gains at 8.5. Thats voondoo ecomics for sure. Why, coz creditors campany have seen through the government strategic interest in a shell company and are being forced to be owners of canibalised skeleton briefcase company. Those buying are high on jamaican cigar. (Buy 4@18/= and sell the same consolidated to one @8.5/= or less competing with buyers of the same bought @1.xy, pure madness.)
Investors inside have doused themselves with high octane petrol and are now drinking to their fill waitng to be burnt to recogniton. Hapa sio blood on the streats, it shall be roasted investors on the streat. I can not wait.