CRL 0.00% 2.0¢ comet resources limited

under resolution 2 of this notice: consolidation of capital....

  1. 123 Posts.
    lightbulb Created with Sketch. 15
    under resolution 2 of this notice: consolidation of capital. when they say 'every 10 shares to be consolidated into 1 share' does that mean the share price will become .20c or is this consolidation to be used to free up funds for the proposed acquisition? I would like you hear your interpretation of this resolution 2.
 
watchlist Created with Sketch. Add CRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.