Port Esperance Spodumene Bookings, page-37

Hence I think you can get some better buys and average down even further post consolidation. I do think they will need to release news after to stabilize SP, or we could potentially see the SP drop post consolidation. Also, you will have to pay broker fees for the new shares as well.

the preformance shares need to be voted against as they have excessively issued too many for themselves. A 20% reduction seems fair, but ultimately the decision lies with the instos, not retail.