Great announcement by the company the future appears to be more promising , But the corporate structure needs a lot of work nearly 6 billion shares on issue and clearly needs a consolidation , trading under the current structure has enourmous risk
For example do punters know if a consolidation occurs what ratio that wil be ? Therein lies the risk with poor liquidity how do people get out prior ?
I interested here but I am certainly waiting until Asx has their say on what is going to happen with the structure
Others beware
Imo dyor
MOT Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held