MEB 12.5% 0.9¢ medibio limited

Ann: Annual Report to shareholders, page-12

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  1. 229 Posts.
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    Just to put this in perspective, prior to the share consolidation and when the company was called BPO it got to as low as 0.001 cents but mainly traded between 0.002 - 0.003 cents.
    So if those the picked it up at the absolute rock bottom of 0.001 post consolidation of 100:1 that means each share owes them 10 cents. In other words purchasing at even rock bottom price and selling at today’s price you are down atleast 50%. Not to mention those that didn’t have the opportunity to buy at 0.001 cents. So in other words who will be selling at these levels?
 
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Currently unlisted public company.

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