GML 3.85% 2.5¢ gateway mining limited

Share consolidation does not in itself change the market cap...

  1. 2,262 Posts.
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    Share consolidation does not in itself change the market cap .All it does is lower shares on issues by a factor of 10 and raise the share price by a factor of 10.You are however correct in saying a substantial upgrade is needed to lift the price. From the last 2 announcements I believe a substantial upgrade is not too far away.
 
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