Below is an extract from today's Quarterly Activity Report:
"Events subsequent to the quarter
Following the September 2021 quarter, the Board initiated a review of the Australian
Mines’ capital and corporate structure to ensure they will support securing the
financing to bring Sconi to full production and maximise shareholder value. As a
result of this review, the Board intends to seek shareholder approval at 2021
Annual General Meeting, for a consolidation of the issued share capital in the
the company through the conversion of every ten existing shares on the issue into one new
share".
Is this good or bad for existing shareholders? I'd appreciate your comments, thank you...
Below is an extract from today's Quarterly Activity...
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