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6,059 Posts.
5
27/05/10
14:38
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that is true but one thing to remember here that it wasnt just a consolidation of shares that took place.
It was a complete change of company direction and listing.
And with that listing also came a prospectus and a 'new listing',capital raising which was in conjuction with the prospectus.
Upon this new listing capital was raised at 20cents per share.
And that is a big difference to just a consolidation of shares on issue.
Cheers
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