Agree a little strange going from 1:1 to 1:2. Maybe they though a higher share price would attract more instos due to lower bid/offer spread.
But if I get 20,000 shares worth 60c each or 10,000 shares worth $1.20 each, I am in the position having shares worth $12,000 in both scenarios. Personally, I prefer having a tighter bid/offer spread.
Ann: Dart Energy Investor Presentation , page-7
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