Higher consolidation ratio will make available shares for trading will be less liquid.
Current shares outstanding is around 570 million. If the consolidation ratio is 10:1, the available shares for trading after consolidation will be around 57 million with the assumption that shares to be given to ex gridComm shareholders will be put on escrow or they will not sell their shares.
ODN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held