I see the new company name for VIL "Macro Energy". Macro means "shortcut", which makes it a slightly bewildered choice. Wonder how much it cost to have the name changed?
I note that trading on the new ASX code started. Well there are no actual trades but a few buyers at 0.00000001 and one small one at 1c. Nobody else seems to have found the new code yet.
Although I honestly hope that they finally find an investment that doesn't turn out to be jocar's suggested ASX code, I'm left wondering about other companies that have reconstructed their capital to bump up their share price and what was the record time that it has taken for said company's share price to get back to where it was prior to the reconstruction, ie back to 0.001?
VIL Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held