Consolidation doesn't matter.
It's purpose was to clean up the register - get rid of traders as much as possible to allow positive announcements to actually push the share price up.
Market Cap is the bottom line and right now we are at 22 million dollars.
Geez feels very cheap to me!
Remember, we are getting flows of 991 BOEPD with a 91% oil cut (refer latest well).
Yes oil price - boo hoo and all that but ultimately our land remains de-risked in terms of exploration.
Smart money buying now while others are petrified!
Cheers,
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