Someone big is already capping the SP- keeping it down. This consolidation is doing them a favor....they will most likely get more cheap shares...
i hope tge top 20 vote this down or ask for 20:1....this imo is middle ground.
i was hoping for daytraders to aul on good news- tgey probably wont enen look at AUL if at 40 cents...
most people think a share with SP of 1 cents is 40 times cheaper than a share with sp of 40 cents.....silly but true...
i always look at MC but even i prefer shares of less than 20 cents....
time will tell....
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- Ann: Proposed Consolidation of Capital and Notice of Meeting
Ann: Proposed Consolidation of Capital and Notice of Meeting, page-68
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EQUINOX RESOURCES LIMITED.
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