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Enova’s 50-for-1 reset could reshape its capital structure
8:13am on Thursday 15th of October, 2026 AEDT
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Mining
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Enova’s 50-for-1 reset could reshape its capital structure
8:13am on Thursday 15th of October, 2026 AEDT
Key Points
50-for-1 consolidation proposed for shareholder approval on 13 November 2026
Current shares would fall from approximately 2.278 billion to 45.552 million
Potential post-consolidation count rises to about 95.515 million if related securities are issued
Options would be consolidated and exercise prices adjusted in the inverse ratio
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