Totally disagree with the share consolidation. Lets not get ahead of ourselves. OAU are onto something which is why they have quickly raised some more funds. But its not a bonanza - at this stage. Everything is tracking well of late. Share price is going up. Now they are cashed up. No need to be doing share consolidation and buy backs. Leave that for down the track when the company is making good announcements but not getting any traction in the market. Also, share consolidation are normally a last resort option.
Ann: $5M Placement to Fast Track Resource Growth at Crown Prince, page-33
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