So from the looks of things, the only way forward is a...

So from the looks of things, the only way forward is a consolidation IMO. In the current market i dont see any other options available to raise capital?
but a 10:1 would still only make the SP 1 cent and leave around 99 mil shares on issue. would that be enough to raise the funds CDB needs going forward ?
Considering the fall in the sp most holders probably already have un-tradeable parcel of shares.

Who would buy in now Knowing that the likely hood of a consolidation is high. and from the last qtly the cash must be all gone by now or in severe shortage.