I don’t think LDA loses anything. Around 250mill shares on issue after consolidation. Announcement said LDA will be issued 50mill after consolidation. 50/300 (250+50) = 16.7% of the company. Not really sure how it all works other than retail shareholders get screwed.
Consolidation, page-17
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Change
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Mkt cap ! $827K | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $10.60K | 6.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 120 | 296335039 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 61885910 | 9 |
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