Ann: Aleator Capital Raising Heavily Oversubscribed, page-46

Warnie are you for real. It is a requirement for the listing price to be done at 2c. Hence the 2c price.The consolidation was done for two reasons: 1) to make sure that the price that the CR was being done at was greater than 2c (Been done at Post consolidation 4.5c) and secondly was to tighten up the share register to make it more attractive to instos. It appears to have worked as the CR was done mainly to instos who took up the majority of the stock.
The company did not lie in saying it was being done at 2c it is what is legally required.
All risks now have been taken away with the company now having the money to grow and develop the APP and it is obvious that the deal is being done.
Now it is up to the company to start putting the numbers on the board and then updating us to the progression of the development of the APP.
Once the APP is developed then we will see what the uptake is like and if it is what I think it will be then all those milestones will be a thing of the past.
Shame you cannot see the potential which is getting closer to reality with every announcement.