Am I right in understanding that post consolidation price...

Am I right in understanding that post consolidation price (offered to those involved with the share placement) is the same price OTE was trading at before the consolidation (0.3 cps)? So existing shareholders have had their holding effectively reduced by 10x?

Can't believe that BEW is still around, drawing a massive remuneration for doing what? Overseeing a total erosion of shareholder equity? Overseeing the flip-flopping company direction to whatever is hot at the moment? No wonder people complain about how useless ASIC is.