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Ace Trader

03/27/23 8:17 PM

#751728 RE: familymang #751694

Thank you again for explaining this!
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?