GREY:VITFF - Post by User
Comment by
awacs1on Sep 17, 2019 6:49pm
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Post# 30137794
RE:15 for 1
RE:15 for 1There are benefits to the consolidation and they were outlined in the circular. I know that some here feel that there is always a retrenchment following a consolidatiion but each situation has to be evaluated separately. I think 15:1 is excessive, 10:1 would be administratively simpler and would achieve the same purpose. Given the corporate holdings, I think that it is a foregone event.