OTCQX:BGMZF - Post by User
Comment by
BigGoldleaf2400on Oct 06, 2017 3:44pm
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Post# 26787486
RE:RE:RE:Share Price
RE:RE:RE:Share Pricewaitingstill wrote: Why would you need a share consolidation before a merge? If there are 300mil shares, you merge 300mil shares at a higher ratio. If you do a 10:1 consolidation, then you merge 30mil shares at a 10x ratio compared to the 300mil shares. What is the advantage?
Advantage being Osisko Mng would end up with 227.97 million shares in issue and not 578.79 million