Originally Posted by
Tony Two Gloves
It has a similar feel to ALF, if Mini's figures come out around those levels that would be around 54M new shares issued. I think once note holders get those shares as with ALF the one's that sell early will get the best price. The one's that hold will see a gradual decline espically if the S&P rating heads further south and the banks start re assessing their position with NZF as the debenture holders have.
There are some big losers here, looking back when Huljich was issued shares (5M shares at .53 cents) cost $2,650,000 value at 0.06 $300,000 - bugger! The other one I came across was the purchase of Approved Mortgages 2.66M shares at 0.45 cents origianl value 1.2M, current value $160,000, luckily for this guy according to latest shareholder list at the Companies Office he only has 450,000 left so hopefully he sold some at a good price.