The death spiral begins and consolidation just extends the timeframe for the SP to reach 0. Pretty unfortunate situation and signalling bad news to come. The directors don't deserve more pay until more positive news and the DFS has been actually released.
The great swindle begins with this boys club are going to take as much cash as they can. Can't wait for Melissa Caddick to drop in and say hello.
Do the options also get consolidated?
Ann: Notice of Annual General Meeting/Proxy Form, page-6
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