Nobody like an 'I told you so', but...I did.Consolidated at 1/20...

Nobody like an 'I told you so', but...I did.

Consolidated at 1/20 the post consolidation market price as at yesterday should have been $0.02 until trading began.

First sale at $.008 followed by 3 more at $.009 for a total of 155,00 shares. So even at less than 50% of yesterday's price these shares are not selling.

As we can see (ex Westpac), the most optimistic sellers have already discounted (again) by 50% whilst buyers are already seeing the potential for discounts to 75% post consolidation.


Nice day in the market where my holding has now (in total) been diminished by 92%

Even sellers are willing to quit at $0.004 (on the way back down to $0.001 (I assume by Mon/Tue) if there are any buyers left in the market.

You would think management would have the modicum of intelligence that would have told them this was beyond 'silly', but No.

It's not even worth selling these (not that it was before consolidation) when you take into account the transaction fees.

Will I learn anything from my investment in this 'company'. Please, God, I hope so.