Ann: Letter to Shareholders , page-5

Currently TNR are down 75% in value.

All things being equal you would expect a SP of 2c with a 1 for 20 consol and a starting price of 0.001.

Let's see what happens in the following months after the consol is done and dusted ... as this is just another statistic of companies doing consol's with the SP going back to where it started.

The losers out of this are all the SH's and I'm lucky I only have a very small holding on the hope that someday TNR finds life on Jupiter.