I have a question for anyone who is more knowledgable than me, which isn't too hard.
After the consolidation we will have 72 million shares on issue with any options and capital raisings bumping this figure to between 120-150 million.
Now like everyone else here, after the consolidation the amount of shares I have will seem pretty pissant in comparison as we will only have 10% of what we used to own.
My avergae price will be multiplied by 10 and for me to make that same sizable sum from a $1 per share pre-consolidation the sp will need to get to $10 post-consolidation.
What do you think our chances are of the sp getting to at least $5 after all the boxes have been ticked off to production?
$10 or even $5 just seems massive psychological barriers to overcome! Just pondering that's all.
Any thoughts?
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