I think it has been mentioned previously, but maybe AFT can think about a 10 for 1 consolidation to reduce the shares on issue from 6b to 600m which would subsequently increase the share price to 2c currently (if my maths is correct!).
I think having 6b shares on issue is a bit deterring to larger investors for a smaller cap company. I think 600m shares on issue is ok personally.
I have some shares in companies I own where they've consolidated on 400 to 500m down to 40 to 50m which I think is too few. The other negatives IMO is the share price is much higher (has to run harder on good news compared to previous SP) and makes the stock less liquid.
I think at 2c, it still gives investors enough upside from a fairly low share price.
Thoughts?
I think it has been mentioned previously, but maybe AFT can...
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