share consolidation must, page-6

what a mob of donkeys.. (watso is an ex shareholder - from the nexus days) - but a share consolidation will do nothing. sure a consolidation has to happen - but it will not attract "institutions" .

a share at .3c or 3c (after a 10 for 1 consolidation) is not an attraction for institutions - without exploration success, it is still a company where speculators, are groveling around the entrails of a hopeless company. of course, all that can change with exploration success.

exploration success will lift the company - not a share consolidation. a share consolidation has to happen, for no other reason, that the company has far too many shares on issue - and all of those shares, without an underlying business case (eg telstra has heaps of shares - but it also has heaps of revenue).

the chances of success, with their rare earths prospect??? ..not much.