Actually you are right the SP will rocket soon
Details of the Consolidation
Post the capital raising described above, it is anticipated that the Issued Capital of the Company will amount to approximately 851,461,060 fully paid ordinary shares.
The Company therefore proposes a 1 for 20 consolidation of the Share Register to take place subsequent to the Capital Raising. This will reduce the Issued Capital of the Company to approximately 42,573,053 shares.
Any options on issue at the time will be reduced in number by a factor of 20, and the exercise price will be multiplied by the same factor.
thats a great idea then be easier to do another raising early next year
BUY BUY BUY
Ann: $1.9M Capital Raising , page-11
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19.5¢ |
Change
-0.010(4.88%) |
Mkt cap ! $65.76M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $21K | 105.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 180541 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 2363 | 1 |
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| AMN (ASX) Chart |