And the reason for the consolidation is
Excert from announcement - "The Company currently has a large number of Shares on issue (2,230,064,127 Shares as at the date of this Explanatory Memorandum). The Consolidation will result in a more appropriate and effective capital structure for the Company and may result in a Share price more appealing to a wider range of investors."
"May result in a share price more appealing to a wider range of investors". Got to laugh at that one.
Glta
Ann: Notice of General Meeting, page-143
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