INR 3.03% 16.0¢ ioneer ltd

as announced today: 1. GSC completing a consolidation of its...

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    as announced today:

    1. GSC completing a consolidation of its securities on a basis of 1:12.5

    2. Completion of a post consolidation capital raising, pursuant to a prospectus, to raise a maximum of $5,000,000 at a price of $0.05 per share.

    this means the share price of 0.8 cents today has the same value as 10 cents in the future

    this means the capital raising will be done at the equivalent of 0.4 cents today

    there will be 487,345,501 shares & 180,000,000 performance shares post-consolidation

    the current market cap at 0.9 cents = $75M

    Last edited by ddzx: 12/04/16
 
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