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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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