HYO 0.00% 26.0¢ hyro limited

If you had 3k in shares before the consolidation you still have...

  1. 8,275 Posts.
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    If you had 3k in shares before the consolidation you still have 3k now, the consolidation had nothing to do with the SP.
    I don't think they will worry about SH parcel size.


    From the ann 22march..


    The board believes at present that consolidating the Company?s securities capital at a ratio of 1 Share for every 100 on issue will:
    ? Reduce Share price volatility
    ? Result in reduced administrative time and transactions costs
    ? Reduce negative market perceptions associated with a low Share price relative to Company progress
    ? Enable a broader range of institutional and other investors to enter the Company?s registry as many institutional investors and investment funds are reluctant to invest in lower-priced Shares and often have investment restrictions in companies with a low Share price
    ? Enable investors to better evaluate the Company as the change in value per Share will allow clearer comparison with listed companies of Shares with similar Share value
 
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Currently unlisted public company.

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