Entitlement Of New Shares, page-25

Correct me if I'm wrong but if you were to buy MOO shares currently even at 1c per share, after the consolidation of shares at 70:1 you would end up with significantly less capital.

So my understanding is that say I bought 10m shares at 4c today = $40,000. Then after consolidation at (70:1) my I would have 142,857 shares with a value of 10c/share = $14,285.

I hope I am wrong - can someone provide some clarity please.

Thanks.