Ahhh brett "consolidation" 64 is back. Haven't we had this discussion almost a million times?
Let's see, they do a consolidation of 1000 for 1 to get rid of these pesky share holders will 1 to 1000 shares. Share price is now $18 per share. But the good news is this will save them sending out 550 monthly and yearly reports every year! I'm guessing these cost about $5 to print and send, meaning Imugene is now saving $5,500 each year!
Genius!
How much does a consolidation cost to organise?
As a matter of fact, do they even send out paper reports any more?
Charting Only., page-231
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