I have seen this action taken with another company which I was invested in. And yes, it meant the company had to spend money defending itself and it was almost broke at that point in time. Shareprice tanked to 0.001 and a 100:1 consolidation followed with a relisting under a new name and guess what - the shareprice continued to tank after consolidation. Mass shareholder loss in value.
I dont think TON should repeat this do you?
EGM?, page-8
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1.1¢ |
Change
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Mkt cap ! $17.25M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $2.362K | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1355754 | 1.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 434802 | 1 |
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