Management

I'm not sure where these guys get their advice from re corporate structure,capital raising etc but its lousy advice. From their last ann re consolidation they mentioned......The large number of Shares currently on issue subjects Shareholders to several disadvantages, includingi) incorrect market perception as some investors may perceive lower share prices as an indicator of lower performance or value;(ii) vulnerability to speculative day-to-day trading which generates share price volatility; and(iii) potential for reduced appeal to quality, long term institutional investors,equity funds and lending institutions seeking stability and long-term growth....now the exact opposite has taken place and the price has tanked...no one wants it ....a blind man could see this coming!