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)
OZL Price at posting:
$17.90 Sentiment: Hold Disclosure: Held