And here we have. The consolidation news we have all been waiting for.
RESOLUTION 3 - CONSOLIDATION OF CAPITALTo consider and, if thought fit, to pass with or without amendment, as an ordinary resolution thefollowing:"That pursuant to and in accordance with section 254H of the Corporations Act, the Listing Rules,the Constitution and for all other purposes, approval is given for the Company to consolidate itsissued capital on the basis that:3.1.1 every 30 Shares be consolidated into 1 Share;3.1.2 all Options on issue be consolidated in accordance with Listing Rule 7.22.1; and3.1.3 each Convertible Note be reorganised in accordance with Listing Rule 7.21,with such consolidation to take effect in accordance with the timetable detailed in the ExplanatoryMemorandum and where such consolidation results in a fraction of a Share or Option being held, theCompany be authorised to round that fraction up or down to the nearest whole number."
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And here we have. The consolidation news we have all been...
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