THIS IS THE PROBLEM !The shares subscribed in the rights issue will be registered added to existing outstanding shares and the number of outstanding shares after the right issue will be raised to 258,362,099.
So after it is all said and done. TSU will have taken 80% of your shares outstanding
and have 258,362,099 shares outstanding.
DO THEY THINK THAT WE ARE STUPID !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
I have never seen anything loike this in all my years of trading.
It is an insult to their share holders and an action of injustice to one
I have never seen before. Desperation - yes ! Fair and just - NO !
They will still have ONE QUARTER OF A BILLION SHARES OUTSTANDING
AFTER THEY HAVE TAKEN 80% OF EVERY THING YOU HAD IN TSU.
THINK ABOUT IT AND THEN TELL ME IF I AM BASHING !