This discussion on consolidation is not new... Quoted below is from the West Australian after the last shareholder meeting, article dated August 17
"Mr Jones also hinted that Sundance would carry out a share consolidation before the end of the year, likely to be announced alongside positive corporate news, because he did not want the company to remain a high-volume day-traders' favourite.
"We have to get away from being a 15c stock," he said.
Sundance shares closed up 0.05c at 15.5c on trade of 7.4 million units....."
All that has changed is the price and perhaps the timeframe
Peter
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