Go back two years. The market bought up shares after the CR and consolidation @ 1.1c. We went from around 30c to 75c over three months with consistent and unexplained buying. About 30m shares changed hands in that time. IMO these were the shares used to create the sell off in the subsequent CR from Lodge and RA. What was proven, however, was that if you wanted thirty million shares (or even fifteen) the market would force you to pay top dollar. It only took another try at buying a few more million in the next month and the price was rocketing over a dollar. Then the deal got done before the price went crazy. This was how they set the $1.07 price. I explained this before but not many seemed to agree. This time we need more money and it seems nobody has tried to accumulate on market so there is no price pressure being applied.
IMO.... They will get in cheap, we will get a look in..... and a vote cos it will be over fifteen percent. then the good news, even great news, will follow. What about some of those juicy options in a SPP for us mere mortals?
Don't concern yourself with dilution and consolidation ratios. They are meaningless to even medium sized holders. It's how much you paid and how much they are worth now.
