KAL 4.17% 2.5¢ kalgoorlie gold mining limited

Can anyone tell me what positive this proposed consolidation...

  1. 389 Posts.
    Can anyone tell me what positive this proposed consolidation would achieve especially when it is not required (there are only about 170m shares as it is)? I can understand if there were billions of shares issued.. but there isn't.

    ??

    Thanks
 
watchlist Created with Sketch. Add KAL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.