Just trying to do some research on the company reference the share consolidation at 67 : 1 cents.
I have quickly read the OGI financial year report for June 2014 and note the following on page 12,
"On 19 May 2014, shareholders approved the sale of the Permian leases as well as a change of name to OGI Group Ltd and a 25:1 share consolidation."
Is there a change or future share consolidation planned for a conversion at 67 : 1?
All help appreciated, thanks in advance.
Cheers Lute
OGI Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held