Yep good luck as going by past records of their four different codes with massive
consolidations the only winners seem to be those that hold the majority of notes as
after each episode average punters have been all but wiped out.
Records here of all their past, but stockness lists everything under the current code,
while the ASX breaks them all up under the relevant company at the time,
eg. Years for the last anns under their various names/codes
2003 - VALDERA RESOURCES LIMITED (VLR)
2014 - GOLDEN GATE PETROLEUM (GGP)
2015 - OGI GROUP LIMITED (OGI)
2015 - MUSTANG RESOURCES LIMITED (MUS)
http://www.stocknessmonster.com/news-history?S=MUS&E=ASX&Year=2014
http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=mus&timeframe=Y&year=2014
Those dashed lines on the 2 year chart at $1.70 represented a SP of 0.001 before 25:1
consolidation and name change to OGI, and 4.798 billion shares went to 191.9 million
Then in October rinse and repeat again with a new code of MUS and SP fell right back
again after a second consolidation, but this time it's a whopping 67:1
SP should be somewhere around 0.001c x 25 x 67 =$1.67, but when those with all the notes
want to convert it pays them hands down to have the SP lower the better.
So what happened to all the funds that punters put in based on the hype that accompanied
the company name and direction changes before those consolidations?
Note also a 10 year weekly chart and the SP erosion, looks to me like a negative -1,000
bagger
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