Personally, I have not even a passing interest in a share consolidation; as the saying goes, “if it ain’t broke, don’t fix it”:
Furthermore, the company has an extensive list of things to make and do that all rank more highly in importance and relevance in the successful pursuit of its endeavours than share consolidation and, in my view, will continue to do so for many years to come. In other words, ADN is not yet at the stage of its development where it has either the time or resources to indulge in what arguably constitutes a change that is “cosmetic” rather than “substantive” in nature.
Lastly and by way of comparison / example - if over 3 billion shares on issue is good enough for FMG, then over circa 2 billion is good enough for ADN, as well as for me and I daresay everyone else for that matter:
As always this represents my personal commentary only. Very best to all.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 18847302 | 0.7¢ |
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Price($) | Vol. | No. |
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56 | 19846945 | 0.006 |
33 | 16133693 | 0.005 |
11 | 10893002 | 0.004 |
7 | 11448333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 15121534 | 18 |
0.009 | 16472544 | 17 |
0.010 | 8977806 | 12 |
0.011 | 14387431 | 7 |
0.012 | 13774699 | 8 |
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