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Re: Re: RE: [sharechat] FFS saga.


From: "Ian Andrews" <iandrews@ihug.co.nz>
Date: Tue, 28 Nov 2000 23:11:53 +1300


Just be aware the "head shares" will form only 1/3 of the total shares after recapitalisation & will rank LOWER as the new shares are preference.
Therefore the new shares should be priced higher than the head shares. The head shares could  fall below 25c without the cash issue being in jeopardy.

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