I put these in the bottom draw a few years ago so i didn't follow much about the consolidation.
Could you explain to me this ---
At 43 to 1 and with a pre-consolidation price of .175, would that convert to 7.525 post consolidation (43 x .175)?
My maths aren't good but if that's the case of course, at the present price of 18.5 it would be almost 2 1/2 times the pre-con SP.
No?
That still leaves me in the red from a few years ago but it's a big improvement.
A few other consolidations have left the SP and MC worse off, but this seems to buck the trend big time.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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