I think the withdrawal of resolution for consolidation is to avoid further market capital erosion and stop shareholders from selling. The sell side has now increased to an incredible 311 millions shares at the lowest possible price of 0.1 cent. A very painful lesson learnt !
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- Ann: Withdrawal of Resolutions 1 and 3 from Notice of EGM
Ann: Withdrawal of Resolutions 1 and 3 from Notice of EGM, page-16
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