Providence Resources - Re: PVR Stream Log - Phonner, you are correct, you...

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Re: PVR Stream Log
14:20 26/05/2016
Desperate
0 replies 0 0

Phonner, you are correct, you will not be wiped out, your shares will then be worth 11p. The issue that everyone has is that the upside potential is wiped out. With 1b shares the company would need to be worth 1b for shareholders to see 1pound for thier shares, and many, like me, even with averaging down paid a lot more than that per share. if you bought at 14p you would likely see your money back with this deal and maybe some upside.

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