BDC 0.00% 52.0¢ bardoc gold limited

Ann: Proposed Consolidation of Capital, page-10

  1. 110 Posts.
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    @Pokerface
    Yes, but TKM has not gone up because of the consolidation. In fact, following the 1 for 8 consolidation at the start of October 2019, the SP actually declined in absolute value which amounts to a massive loss in value because to stay level, there needed to be an 8x increase in the SP. The SP did not begin appreciating until August 2020 as the result of buying two Pilbara Gold projects and even then is was still under an equivalent 8x consolidation level. Even now, with lift in SP following recent high grade rock samples at Tambourah, the SP is still appreciably under the 8x level.
    I would hardly reference TKM as a successful consolidation - quite the opposite.

    Last edited by SymphonyNo9: 08/10/21
 
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