RE: Sp3 Mar 2025 10:29
Morning Jaguarflush - SP after ASX300 - let's see......
SD has only recently reiterated a consolidation. so if I may - I will hypothesize:
13,000,000,000 shares currently on issue @ (let's say) 9p = £1.17Bn MC.
Consolidate @ 13:1 (for example): Number of new shares: 1,000,000,000.
MC stays the same so the new SP will be: £1.17p.
There we have it.
Frequently, consolidation is not good news but in the case of Greatland, I expect an exception becuae the consolidation will be based on the companies overall accretive value due to its ongoing activities and success.
As we already know - consolidation is necessary to make the company appear more stable inside the ASX which will then attract bigg II's.
Ergo - the SP climbs.
Z