consolidation, page-19

I am new to NSL. I have been back thru announcements and can't find anything that says a consolidation price will be 20cents.

In my experience it will be what the market decides to pay for consolidated NSL shares.

Also people tend to see a 4cent company as a 4 cent company regardless of the number of shares on issue and in my experience the price will drift back towards the 4cent range.
I would like to be proved wrong and only time will tell.

Can anybody let m know where the 20cents came from.

Cheers