To those that weren't around during the "good old" Renison days...

To those that weren't around during the "good old" Renison days and that major reconstruction and consolidation, just a bit of "relativity" to consider.
The consolidation when Laneway was floated, was on the basis of 1:300.
The S.P. of Rensison was then .001.
The current SP for LNY is seller .07.

Now, just with simple arithmetic, that translates to .0000203 compared to that pre-consolidated Renison closing price. Yes, we are still down over 97% from the pre-consolidation S.P.

Yet, compare what LNY is today, to what RSN was when it was re-structured!!

Compare the assets, the liabilities, the debt level, the status of development, etc. etc.
And, the current SP is just over 2% of the the former Renison SP, that had the same assets (probably much less when we get the next JORC) but was in a disastrous, catastrophic financial state???
The "relative" conversion price for LNY related directly to RSN "would" be 30 cents!!! It's less than 1 cent!!!!