Here We Go 30-04-19, page-60

Thereason the value of individual share holdings has gone further down is this:

TheSP slid to less than .001 with about 18 billion shares on issue.

Nowthe ASX is not geared up to handle toy stocks with billions of shares at lessthan .001c; Their maths programs are not designed to calculate with silly numbers! And I guess neither are all the trading platforms.

So the real value/price of the shares was hidden in the fact that the sub decimal numbers could not handle the reality of such a low "real share value".

Soit was decided to execute a compaction/consolidation of 1:10

Thisnow allowed the “apparent” value of the shares to be multiplied by 10

Thusmoving the decimal point left by 1.

(Andeveryone got one tenth of their holding)

Nowthis then allowed the new share price to be indicated at above .001c levels.Which again allowed people to value their share holding in a calculateable number (asindicated in the new ASX price), only to see the SP sunk again by many peoplewanting to unload!!

Andmy guess is that the SP/real value will again go below .001 as it is already.

Formy part, my $1,000 investment is now only worth a bottle of red.