Is this just a savvy way for someone (BOD, Sophs) to accumulate...

Is this just a savvy way for someone (BOD, Sophs) to accumulate another 32mil shares at basement prices before the pump? You'd assume most people will not choose to hold onto these parcels and most will be acquired by the company. Much easier than trying to accumulate this volume on market without raising SP. I can't imagine cleaning up the register would have significant cost savings but I could be wrong. The timing of this transaction also fits in with the performance rights in June that I am betting on being met.

Regarding a potential share consolidation, what would be the impact on holders with an average price of 1.2c?  Asking for a friend

Do people think a consolidation likely?

Thanks