Thrive Tribe Technologies Limited (ASX: 1TT), formerly known as Wooboard Technologies Limited (ASX: WOO), underwent a 20-for-1 share consolidation on 16 December 2022. This consolidation meant that every 20 existing shares were consolidated into 1 new share, effectively reducing the total number of shares on issue. Before the consolidation, the share price was approximately $0.001. Post-consolidation, the share price adjusted to around $0.02, reflecting the 20:1 consolidation ratio. As of June 2025, the share price has declined to approximately $0.001, indicating a significant decrease since the consolidation. And here we are again on this merry big dipper, without the ups. How much further will it fall before its dead?
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-2
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