For the ignorant (with the question "Why"), as explanations have already been given in earlier posts and also its apparent your questions are deliberate and craftily organised to cause disruption, chaos and confusion amongst SH, nothing more.
- we have over 2000 shareholders with over 2000 owning less then $100 worth of shares, this to me is an “In-house Sovereign Risk”
- The cost to service these unmarketable parcels would be around $65k a year by Atomic. Absolutely, dead money.
- If 50% of these holders were genuine and bought up to a marketable parcel then it would reflect better in our SP.
- Get rid of some the “BBF and Greenies Shareholders” who have less than a couple of shares but who are holding for conflict of interest with our company.
- Share price immediately drops after a consolidation.
- Why should the majority shareholder suffer for 2000 shareholders with conflicting interests with our company.
- It’s easier to get rid of these small holdings now and on sell at a lower SP, rather than causing more dilution. And also, harder for the company to sell and manage at a higher SP.
- Shows confidence in the company motives, in moving forward.
Quite sure the list can go on. But for bird brains this list should be sufficient enough for them to digest, I hope.
Please do your own DD and research. This is not meant as financial advice.
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