Monday, March 27, 2023 8:17:36 PM
But sorry I have more questions!
I understand SP & JP conversion to common. Also current common shareholders being apart of the re-structure and you end up with a % of 100% of the company.
So the SP & JP end up with 99% of a $250b company.
79.9% for Gov
17.9% for JPS
2 % currant common
I'm Guessing !
So why wouldn't the new A/S be 250b based on the market value?
Why wouldn't the Gov just make the A/S 10b ? or currant 4b?
Then after the dust clears then both companies can issue new class of SP shares. But what stopping the Gov from doing this again?
Retired at 47, Life's Good thanks to trading.......
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