Basically it's market cap is at 7m. currently!
when this consolidation happens this will tank to .03c = 4.5m MC.
The question current SH's should be asking themselves is;
When this consolidates there will be no great fluctuations in price because of the low shares at issue!
Management will then issue more for a capital raise, plus performance shares for themselves to increase thier holdings at the cost of shareholders.
It's going to be a bloody long time till you see any return. basically this stock is rubbish along with management!
IMO I believe this will end up delisting and being sold privately to existing executives and directors, and maybe a couple of years be back for an IPO. To add a laugh, Deanyboy, back as CEO! - Long shot, I think his career is over for asx companies but maybe he might be a client - That owns a bottle shop and buys from KADDY.
Good luck all, personally if you have some shares sell 'em and by yourself a bottle 21years scotch, and open it when this stock goes under!
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