Ann: FPL on track to complete TREY acquisition by next week, page-8

Sector,

2 x consolidations 100:1 means current price $0.003 is equivalent to $0.0000003 for the old units

So 10,000 old shares is now 1 share. If they were worth 30 cents, 10,000 shares was 3 grand's worth and the current value is three for a cent.

Think about the value destruction. Say we had, oh I don't know what quantity, let's say 1 truckload.

For the sake of mathematics, 1.0 truckload equals a million shares pre-consols,  and we got these at the 30 cent area (we invested $300,000.00). To get hold of the cash for this exciting investment, we sold a 1-bed apartment in Footscray (Vic) or Bankstown (NSW). This value was nothing flash, but it was tangible, but we had a better place for it.

After these consols and at today's SP, we have 100 shares, now "worth" 30 cents for the lot. That will buy about 1 potato.

Mick, when you say steaming, I see

View attachment 2514746

Tell me I'm orders of magnitude out - I must be; I can't believe it.

What do the last 13 years look like?
View attachment 2514818


60 bucks to a third of a cent.

Seriously, why don't regulators step in?