re: Ann: Significant hydrocarbon resource pot... I can understand holders that might have 1 million shares totally against a consolidation because every tenth of a cent gain looks good on the balance sheet but in reality it works out the same if it was going up in 1 cent increments.
Not only that new investors look at the SP and the number of shares on issue and just think its a penny dreadful.
If the company is so good and have such promising assets why would holders be paranoid about consolidation unless of course they are only in it for the quick buck and then get out just as quick with any 2 cent gain in the SP.
Ann: Significant hydrocarbon resource potential i, page-14
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