Extract Resources is also another company that consolidated on a ten for one basis.
Prior to consolidation it was trading at around 8-10c, after it traded at $1 - and based on company performance (i.e. discoveries) it is now $9.38.
I'm not sure that the price would dive - it depends on the other factors (further discoveries, share buyback, institutional investors, price of copper and gold, future dividend policy and franking...etc)
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