Ann: Notice of Annual General Meeting/Proxy Form , page-3

re: Ann: Notice of Annual General Meeting/Pro... That's right, it's a massive consolidation, followed by a massive dilution of 5m shares (equivalent to 500m shares pre consolidation). No information on any prospective acquisitions, just trust us to do the right thing with over 40% of the expanded capital (which when you add it to the 15% limit they already have becomes 55%). Not sure how ASX let this through.

Also, with the share price when the consolidation ends being 100x the current price, that price could be between 40c and say 70c depending on pricing at the time of the consolidation. It could even be 20c if the market views this move as negatively as I do.

In case you haven't guessed, I'll be voting no.