AVR 3.19% $15.15 anteris technologies ltd

Can some please explain why the consolidation has to be 100 to 1...

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    Can some please explain why the consolidation has to be 100 to 1 , instead of say 50 to 1 or 10 to 1 . An I correct in saying that the share post consolidation would list $11.00 ? I am not sure whether this is a positive or a negative for ordinary shareholders .
 
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