RE:RE:After R/S. Dilution CORRECTION
yes, it seems that while not declared, but this is the plan,,,Reverse split at a high count (25) then they expect insitiutions to start buying In bbd
then somewhere after RS and before next dept maturity BBD MAY issue a 200,000,000 (200 million) new shares at (depending on bbd market price at the time let us say C$30)
they will get 6,000,000,000 + or - enough to reduce debt to about 0.5 - 2.0 billions
and reduce interest deby payment by at least 400,000,000 (400 miilions / year
as number of B shares will be reduced to 243,000,000,000 / 25 = 972,000,0000 issueing 200,000,000 will bring total number of B shares too arround 1,200,000,000
during that time, a lttle befor or after, i beleive bbd will announce that they will start paying dividents and bbd.b share price will go up and stay up