In the event that we have to raise more capital the 100:1 consolidation would seem to be most efficient. It will also reduce the trading spread as you can see in the table attached.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
Column 9
Column 10
0
Per tick
Consolidation Ratio
Buy
Sell
Spread
VWAP (50:50)
Discounted 25%
Shares required to raise $1m
Equivalent Shares (pre-consolidation)
Efficiency
1
$ 0.001
$ 0.004
$ 0.005
20.00%
$0.0045
$0.0034
296,296,296
296,296,296
68%
2
$ 0.005
25
$ 0.120
$ 0.125
4.00%
$0.1225
$0.0919
10,884,354
272,108,844
74%
3
$ 0.005
50
$ 0.245
$ 0.250
2.00%
$0.2475
$0.1856
5,387,205
269,360,269
74%
4
$ 0.005
100
$ 0.495
$ 0.500
1.00%
$0.4975
$0.3731
2,680,067
268,006,700
75%
5
$ 0.010
200
$ 0.990
$ 1.000
1.00%
$0.9950
$0.7463
1,340,034
268,006,700
75%
EGO Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held