The statement talks of a 350:1 consolidation of the options 'as...

The statement talks of a 350:1 consolidation of the options 'as the ordinary capital of the company is proposed to be.' In other words, whilst maybe not yet set in concrete, the DOCA plan going forward is to consolidate all existing shares by 350:1, as we already knew.  So all that remains is to finalise it all, to let us cash in our shares (if we can find a buyer) for some fish-and-chips money and use the sorry experience as a capital loss.  So much for The Next Small Cap's predictions of '126M free cash...'  Unfortunately, Goarmy, the shares won't go from 0.1c to 35c as you suggested, since that would change nothing in real terms.  Rather, if they do succeed in re-floating the ship the SP will probably open at between 0.1c and 1c.  Certainly dilution on a massive scale.  Of course, if anyone still has faith they could buy some of the new undiluted shares to be issued.  Sorry, but not I.