It would certainly clean up the register if they sold off unmarketable share parcels at the same time. As at 13 August 2018 a total of 1163 holders (total holders 2428) held less than 100,000 shares (or less than $100 worth). So 47.89% of all holders own less than $100 worth of shares. That's a lot of administrative savings (and a lot of disgruntled people!)
0.1 cents to $4 is 4,000 bags... So $100 would become $400,000 or a punt of $1,000 would become $4,000,000.
Obviously $4 is dream territory but there is only upside from here.
There is a reason our Chairman is taking a punt with extra capital and DC is staying the course...
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