The way Im reading the share consolidation is, they will reduce share numbers buy offering a 10 to one ratio. This means the new share price will increase buy 10 times. You will have 10 times less shares at ten times the price so your holding stays the same.
As I said in my post previously then there is nothing to stop the price sliding back from 1 cent to .1 of a cent so we will be 10 times worse off. Its so they Can issue more share to raise more money to do nothing.
No to the share Consolidation
Punters please correct me if im wrong
Cheers
Graeme
QPN Price at posting:
0.1¢ Sentiment: Sell Disclosure: Held
