AON 7.69% 1.4¢ apollo minerals limited

Ann: Share Consolidation, page-8

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  1. 5,278 Posts.
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    Not a fan of consolidation. Gives them more room to do future CR without blowing out the share registry again.
    net result of share consolidation is dilution of your equity.
    We do a 1 for 10, share price drifts, you lose money. They do a CR to raise money for drilling, you are diluted again.
 
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