BSP 0.00% 0.2¢ black star petroleum limited

Wouldn't be worrying about any consolidation. 185m shares on...

  1. 1,250 Posts.
    lightbulb Created with Sketch. 10
    Wouldn't be worrying about any consolidation.

    185m shares on offer. 2.12m MC.

    You also have to see what NTA (net tangible assets) the new company has. If over $5m, no consolidation needed.

    You could also push the MC to $20m (about 4c) and there's no need to consolidate.

    Need to show they have plenty of cash - more than a few mil after 24 months.

    Just a few options.
 
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