mick has nailed it above g
consolidation at such a low price just allows for future capital raises at a discount.
atm they can't offer any discount for the capital raise at all but will need cash at some point.
mind you - not sure what instos would pump money in RR1 with the current strategy
Ann: Consolidation/Split - RR1, page-15
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Change
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Mkt cap ! $14.86M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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