IXR 0.00% 1.2¢ ionic rare earths limited

Ann: June Quarterly Report, page-110

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  1. 3,745 Posts.
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    Probably a pump, it is coming back down now.

    As much as Shareholders dislike the word Consolidation, perhaps now might be a good time to do one.

    The drop from 0.005 to 0.004 will really hurt 20% off the MC in one hit.
    Whereas if they did a 100:1 consolidation to bring the SP back up to 5c then each 0.001 drop will only be a 2% reduction in MC
 
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