Share consolidation

VKA has 1,025,000,000 shares.
The Top 40 own 640,000,000.

It has a very promising Vanadium project, and yet the mkt is valuing it at shell value after cash.
Something is wrong.

IMO, the small holders outside the top 40, who hold between 500,000 and 4mln shares ($5,000 to $40,000 worth) are too influential on the current share price. They trade here and there for a few points, make some money, and essentially keep a lid on it.

A share consolidation of say 5-1 would tighten up the register, get rid of the daily noise, and see the "floating" stock which is currently 380mln shares(more than most coy's have on issue) reduced to 70mln odd.

Then this stock might see some gains with the reduction in supply.

The stock would come back at 5c (given it's current 1c price), and after being paid out from Ghana it will have a 4c cash position.....which would "underwrite" the share price.
It's a no-brainer!