The ANW share price was over 0.015 (1.5c) when they entered the agreement with Lind. Now, 0.001 (0.1c)! I guess Lind can get new shares at 0.0009 (0.09c) and sell for 0.001 (0.1c)?
Obviously, the consolidation would be better for Lind. Apart from increasing the share price 10 times (immediate Disallowed with no real return), the consolidation would allow Lind to repeat the cycle.
Well, lets see what happens. I note that the CEO of ANW is also called Peter.
Ann: Notice of Meeting, page-13
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.3M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $123.8K | 1.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 140694 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 114976 | 9 |
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| Last trade - 14.12pm 18/09/2024 (20 minute delay) ? |
| AEE (ASX) Chart |