LKO 0.00% $1.00 lakes blue energy nl

summary & valuation, page-23

  1. 3,424 Posts.
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    Is a share consolidation a possibility for LKO?
    It has 5.5 billion shares on issue and 1-10 would seem resonable to get the number of shares down to a reasonable number.
    The reason I ask is I was just having a look at for a trade then saw how many shares are issued
    The risk is if it did occur the share allways seem to head south later unless they hit paydirt./oil/gas
    Maybe this is already priced into the curent share price but a risk that you would have to take into account.
 
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