You are absolutely correct. Remember that SBN has issued a new security type ie options and therefore they were required as part of the disclosure and compliance regime to advise shareholders of the possible treatment of such securities in the event of specific outcomes.
I am advised that there is no plan now or in the forseeable future to have a capital consolidation. The company is full steam ahead with the implementation of its business plan. End of story!
Cheers
SBN Price at posting:
0.8¢ Sentiment: ST Buy Disclosure: Held