I suppose that now the dust has settled some of those supporting...

I suppose that now the dust has settled some of those supporting the idea of not consolidating the shares will realise that by not being able to trade the share in fact you end up with a situation much like owning something that has no value not even able to offload it for tax purposes. I only bought my shares @0.1c so I dont have that issue but many here would have had purchases way higher and yet they could not sell the shares to offset profits made elsewhere.

I really dont think that having a share that cannot trade is logical. Nor are the comments that its worth more so we have to wait. Its worth what people are prepared to pay for it and if it consolidated it would not trade at 0.1c per share.

IMO the best solution would be to consolidate the share let it fall to where it is and give everyone a rights issue at 15% less than that price. Thats effectively the same deal as LJ have and also announce that LJ wont be used in the future. I for one would be happy to follow my rights and a lot more. This would also be hopefully accompanied by a full presentation of the projects and where we are - As I understand it there must be some traction by now that could be reported.

Off Market trades are not a great method as the ATO looks at them with great suspicion IMO - hence why they are trying to stop them for related parties to SMSF's