JAV 0.00% 0.3¢ javelin minerals limited

Ann: 1 Metre Assay Results from Coogee Gold Project, page-15

  1. 5,145 Posts.
    lightbulb Created with Sketch. 2715
    Company needs to consolidate as very big share issue- 4.5 billion takes a lot to move.
    Many long term disgruntled holders who look to sell to recoup their losses.

    On the plus, company has more impetus and momentum- and reckon a consolidation would be a big positive- need to get share issue down to 300 million so 1:8 or 1:10 would make shares more desirable, raises more profitable and company more attractive. Just imo!
 
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