If WBT obtain a proportionate share of the suggested 50-100...

If WBT obtain a proportionate share of the suggested 50-100 billion dollar industry by the commercialisation forecast of early 2021, then those who still hold will be rewarded handsomely. I would stagger a guess and say we will be listed on the NASDAQ, not the ASX if everything goes as outlined. A NASDAQ listing might also be a prerequisite to signing a top tier "Commercial Partner".

Regardless of whether you hold 1 share at 75 cents or 25 shares at 3 cents, if everything goes to plan then the market cap and SP will be reflective of the generated revenue, the profit on the bottom line and the future prospects of WBT. If WBT fail to take a slice of this market, having 1 share or 25 shares will not matter, they will hold no value either way. This is the high risk / high reward that's on the table here.

The share consolidation concerns are understandable, but would have more effect on those who like to trade in penny shares to make a quick return, or those wishing to buy and sell into a larger holding. This should present no concern for long term holders.

If you trust management and believe they are doing the right thing for the development of this company at the present time, then hold. If you distrust them and their motives, then sell - pretty simple really.

I'm hanging around till 2021, as far as I am concerned, the management and board to date have not let us down, they appear to be extremely competent in all facets of this industry and have been transparent to the shareholders along the way. 

Good Luck