Soooo I see share consolidation talked about heaps, I'm thinking we're talking about this scenario.
1,000,000 shares on issue, $1 p/share = 1 million market cap ,===> insert share consolidation of 5/1 then ===> 200,000 shares on issue, $5 p/share = still 1 million market cap
Is the risk that we'll just see the future "200,000" shares diluted in cap raises like we've seen currently or the price per share won't hold the current market cap?
Also, if we consolidate on the back of a period of positive milestone achievements (FFS PLEASE LORD JESUS!!! GIVE US SOME MILESTONES).....ehm.....then, won't we still be better of regardless of consolidation?
Long time holder, sad time watching...eyeballs itching
Soooo I see share consolidation talked about heaps, I'm thinking...
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