agree, however price needs to rise considerably at 667 shares to be worth anything meaningful
Your talking about $1700 worth of stock which is not generally considered a meaningful amount consolidated or not. What's meaningful for Elevra and its shareholders is the price of spodumene that will determine whether your $1700 grows or shrinks. What consolidation does do is take penny stock traders out of the picture.
For what its worth Elevra's combined MC at current is around $A450m ($US288m) .
Cheers Whisky
SYA Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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