.003 sellers are building, if .002 gets taken out then at a 20:1 consolidation your looking at a share price of 4 cents....
What about if is hits .001 then consolidation will be done at 2 cents....
.001c would be a disaster. It would mean the company's marketcap is $2.3mill. It would mean to raise $3mill would require an issue of 130% of the current shares on issue. I hope MT has some tricks up his sleeve.
Ann: Letter to Shareholders , page-92
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