ODN 0.00% 0.0¢ odin energy limited

Deal completion details, page-6

  1. 443 Posts.
    The consolidation I predict will be at around 10:1
    It will be whatever is needed to achieve a SP after consolidation of 10c
    The details have been vague so market has been left to speculate
    I also predict pre consolidation the SP to settle around 1.2-1.3 so that a 10:1 consolidation already has Gridcomm shares in the money

    However if existing shareholders hang tight, on what is after all a reasonable tight share register of 317 million shares, then the consolidation would have to be less, maybe 7:1 or at best 5:1, I cant see it being any better than 5:1 best case scenario imo

    So the question is how much do existing shareholders value their shares, we will soon find out...
 
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