I havent gone through this before; but I would think that the consolidation figures might depend on the averaging of share price over a recent period..if someone knows? If this is the case I hope an announcement gets it well over 0.005 (at 0.005, if my sums are right the ratio would be 1 to 40 on the existing shares basis - as opposed to new shares at SP 0.20). At 1c pre consolidation SP the ratio to get to the new after consolidation 20c SP would be 1 to 20 shares, based on existing shares - prefer this!
Bit surprised they're talking about consolidation now, &well before the end of year - thought it was going to be closer to the end of the year / early next year. DYOR
GRK Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held