Correct Gibba share on issue mean nothing if company is...

Correct Gibba share on issue mean nothing if company is successful relatively
But if your shares are consolidated at 100 to 1 at the the current price and they raise money at a lower price to acquire anything , then you have big risk at the current share price , at this early stage the shell value is expensive until the market can evaluate if big revenue will come and evidence of it in the qtrlys

Let's be honest the company doesn't have a lot of money in the bank and to grow you need much more capital than current or massive revenue ?

So what are the options ?

Dilute and issue millions more shares while your waiting for massive revenue ?

Or consolidate and raise money to fast track , but then what price do you raise at to keep new investors happy ? Then Asx has to be on board

Don't get me wrong I love the space this company is in but the shell has legacy issues currently and needs restructuring , for the record I am a large holder so not down ramping I can't get shares cheaper anyway !

We wait and see

Into dyor