Share split please, page-7

I vote NO to a share split.
The reason companies do share splits is to reduce the number of shares in a company.
We only have 80 million shares on the registry, that is a very small number.
CLQ have 580 million shares on their registry. 7.2 times our registry.
AUZ have 2.6 billion shares on their registry. 32.5 times our registry.

When companies have too few shares on the registry, liquidity, and a daily trading float are reduced.
This has negative effects, preventing investment, consolidates company ownership under too few investors, and gives too much power to few, increasing risk.

CLQ have 7.2 times our registry and they have a sensible market capitalization.
AUZ have 32 times our registry and they are indeed candidates for a share split.
Most share splits result in lower share prices, not higher share prices. Look at GXY.

Most investors still do not understand ARL.
Most investors have not connected the dots regarding resource size, cutoff grades and high grade / low grade zones within a resource. Finally the targeted 1st pick priority zones to be mined.
Another issue is the inconsistency when ARL, CLQ and AUZ have different cutoff grades, causing confusion and making it difficult for investors to make informed comparison regarding total resource.
IMHO
RED​