So the post consolidation CR price is set at 5c, MOO will adjust the consolidation rate accordingly - seems reasonable. However the 45:1 consolidation was only indicative and at the current SP seems out of proportion. As was mentioned above, those purchasing today would be purchasing 80% above the CR price which just doesn't add up. Either the SP will need to move up or the consolidation rate needs to increase.
The options are a nice carrot dangling for those who are looking to buy.
All IMO
Sentiment buy - just trying to decide when.
MOO Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
