RE: 48 million shares20 Jan 2026 23:17
For those that read the other board it is correct that most share consolidations do not yield any turnaround in companies in financial distress. Normally however they are revenue generating companies with flawed or failing business model.
Aym is not generating revenue as such has no business model or business as such that is failing. Less we forget Aym has survived for decades via raises and has to some degree been unlocking value via drilling, data collection, resource upgrades etc.
IMO a share consolidation can potentially be a huge benefit to Aym. Equally reducing share liquidity has an even greater potential to affect the share price movement (short term) than how the money is spent.
What I really like to see if consolidation does occur is aym to go on a PR marketing campaign of believability to get fresh investors. Any slight surge in buying would send this north rapidly.
If such movement can and has happened with 484 million shares in issue potential at 48 million is greater.
Of course as each raise is completed the shares in issue is increased and share liquidity benefits lessened. Longer term
a more concrete rise and stability in sp can only occur
with meaningful progression towards getting steps in place towards production