National Bank of Greece ADR (fka NBGGY)

[PeanutBuddaJamm]

That's true. That's why, in another post, I stated two possibilities for post R/S opening pps: either $4.50 or $2.41. Could they not make the price whatever they wish if they are structured as a new share offering altogether but with existing shareholders being compensated with shares from the new offering rather than leaving them out in the cold? Almost like an IPO? Is it possible? In which case, they could say, "We're going to base this new share structure on $0.30 per old share at a value of a 15:1 R/S...yielding $4.50/share in the new offering.