GREY:BXEFF - Post by User
Post by
Don2018on Mar 29, 2019 4:26pm
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Post# 29556408
Just1Question
Just1QuestionThe key sentence is;
" existing shareholders will retain their existing common shares of Bellatrix, subject to a share consolidation to be implemented as part of the recapitalization transaction, such that existing shareholders will own approximately 16.5 per cent of the common shares of Bellatrix outstanding immediately following implementation of the recapitalization transaction. "
The existing shareholders, all 80 million of them, will hold 16.5% AFTER the recap.
Sorry.