AQX 0.00% 0.9¢ alice queen limited

1 for 20 consolidation for vote at agm, page-8

  1. 43,282 Posts.
    lightbulb Created with Sketch. 1025
    No change to the market cap. It will look like a more serious company assume 1 for 20 will at today's price be 28cents. Effectively you get 20 times less no. shares but the share price is looking more credible. It may bring in investors who ignores penny stocks. :)
 
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