It is inappropriate to compare companies with their share prices. Market cap is a better yardstick. CEO, after CR, is $50m compare with AKM of $223m. AKM MC has fallen 50% otherwise the comparison would be more astounding.
CEO licenses are much nearer to China than AKM's, giving CEO significant cost advantage.
Consolidating at 20:1 and bringing the CR price to $1 will deter many penny stocks players but attract better institutions, giving a more stable share register and less SP volatility.
CEO has been a penny stock, and many will not be comfortable with a stock to be consolidated at $1. I think they have contributed to the weakness of the SP.
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