AOP 3.13% 33.0¢ apollo consolidated limited

why is this one overlooked, page-13

  1. 1,659 Posts.
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    ...SRF...

    ...Read below, the reason this stock has just gone down is the planned capital consolidation due any time...This was a health creme company turned into a mining company...
    ...This IMO is showing a major downtrend and with this consolidation uncertainty no serious investor wants to touch it IMO...

    ...RB

    ....From the 19 July 2010 announcement...


    Re-Compliance on Exercise
    The exercise of the option will be an event which will require the Company to re-comply with the requirements
    of chapters 1 and 2 of the ASX Listing Rules, including seeking shareholder approval to the acquisition, issuing a
    prospectus, consolidating its capital (on a ratio to be determined) and obtaining shareholder spread in
    accordance with those rules. After the completion of the re-compliance process the Company intends to issue
    options (Loyalty Options) on a one for two basis to all shareholders, the terms and conditions of which will be
    advised at the time
 
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Currently unlisted public company.

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