I think this confusion in the RNS, provides opportunity to capital raise at a better price than a clear picture would have allowed.
Then once a capital buffer is in place, the consolidation will be pushed
From there the consolidated price will erode sharply
Effectively diluting current shareholders into minor holders
Management will gain a significant stake from the 2.5 billion share kitty being created as performance shares
The reset will have completed to begin again, with a few hundred million shares on issue, and a market cap in line with a new explorer
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Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $7.367K | 2.551M |
Buyers (Bids)
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630 | 1014440039 | 0.2¢ |
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Price($) | Vol. | No. |
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156 | 805729187 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.004 | 389038591 | 189 |
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