MC doesn't change. Any company is judged on its Market Capitalisation and consolidation will not change this. It's a move to remove the traders and attract more institutional investors, like Sprott. Uranium prices about to go on a tear and the US is a prime market. Can't see anything but a MC increase heading into production and that's all that matters.
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peninsula energy limited
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Ann: Consolidation/Split - PEN, page-37
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