consolidation, page-12

Whether $1 or $10 it will have the same market cap.

For example, Far has a MC of 320M @ 10c. For FAR to reach $1 now it would have a MC of approx $3.2B, as it now stands because thats how many shares are on issue - 3.2B.

If they do a CR pre appraisal and issue 300M more shares, so 3.5B shares on issue, Far now have to reach a MC of $3.5B to give you that same $1 SP, hence the reason for most people wanting as little dilution as possible, me included.

If FAR do lets say for ease of calculations a 10/1 consolidation at 10c. SP will go to $1. Shares on issue will be 320M, 3.2B shares will be divided by 10 but your MC remains the same $320M.

So realistically there should be no reason for it to be harder to get to $1 now as opposed to $10 after a consolidation, its the same percentage gain, the company will still be valued the same, its dilution that makes it harder to reach a figure you have in mind.

Just because a companies SP is high doesn't mean its a better company or a more valuable company e.g Two good companies, Telstra valued at $72B with a SP of $6 and Dominos pizza with a SP of $36.50 and a MC of $3B.