CND 0.00% 2.8¢ condor energy limited

Ann: 2020 Helium Exploration Program, page-53

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  1. 7,639 Posts.
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    A few years ago

    Citation Resources did a 100-1 down to ~17.5m shares

    KNx did a 30-1 down to ~90m


    GLV

    30-1
    0.1c * 30 = 3c per share.


    10-1
    0.1c * 10 = 1c per share.


    30-1 equates to approx ~104M shares.

    Liquidity might not be as good as a 10-1 but the SP will look much healthier with a 30-1
 
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