consolidation, page-2

If you had 3k in shares before the consolidation you still have 3k now, the consolidation had nothing to do with the SP.
I don't think they will worry about SH parcel size.


From the ann 22march..


The board believes at present that consolidating the Company?s securities capital at a ratio of 1 Share for every 100 on issue will:
? Reduce Share price volatility
? Result in reduced administrative time and transactions costs
? Reduce negative market perceptions associated with a low Share price relative to Company progress
? Enable a broader range of institutional and other investors to enter the Company?s registry as many institutional investors and investment funds are reluctant to invest in lower-priced Shares and often have investment restrictions in companies with a low Share price
? Enable investors to better evaluate the Company as the change in value per Share will allow clearer comparison with listed companies of Shares with similar Share value