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Ann: Consolidation/Split - MCT, page-12

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  1. 653 Posts.
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    It'd be a lot of reasons but the main one is the shares on issue, it's gonna take a lot of $$ to churn through the walls at 0.3 upwards to 1 cent. Not even whats at the current depth but resistance will get put in when shares climb higher. Uncertainty around AB sale & how long the $$ from the sale will sustain us. Even post consol we'll still have 500 Million SOI, which is a lot. Best outcome imo would be if MD Justin leaves, hes been here coming up 7 years. How he could justify 400k yearly salary for so long is beyond me, said in a recent Ann his salary would increase upon completion of the next CR. How much will he get paid this time around ?
 
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Last
2.7¢
Change
0.001(3.85%)
Mkt cap ! $16.70M
Open High Low Value Volume
2.6¢ 2.8¢ 2.6¢ $45.53K 1.663M

Buyers (Bids)

No. Vol. Price($)
1 526 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 370000 3
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