Ann: Notice of Annual General Meeting/Proxy Form-IDC.AX, page-20

Consolidation is a simple formula for IDC.

Without it you don't have a company to hold shares in.

With it you have 1:400th of what you currently hold in shares in the company and some chance to get some value back in the future.

With 3 odd million shares on issue post consolidation the new management can find a nice lithium project, raise cash and make shareholders rich.

What a dream. Don't wake me up before I spend my riches.

My previous post indicated a "not held" position because as far as I was concerned the company was dead.