Tech I think we're on the same page here, but I'm happy to be corrected

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My understanding is that the share price has to be 5USD to list on nasdaq (so 8 AUD). So that would be mean a 40 to 1 consolidation based on current approximate price of 20 cents AUD (20 c x 40 = 8 AUD). Everyone's holding would be divided by 40. So Peter's 157M shares would be 3.925M.
I too am thinking that there must be some big deal/s on the cards, otherwise why would people vote for the move? We need to be incentivised!
What scares me is our shareholding is divided by 40, so a share price of approximately $5 USD, but to remain on nasdaq must be $1USD or more. So once listed, if we drop below $5, not only are we highlighly diluted, but the value of our shares rapidly disappears..
This is all of course if it even is the Nasdaq. I think BRN have jumped the gun with this, and are causing a huge amount of stress and anxiety for shareholders.
If anyone has a different understanding or thought, I'd genuinely love to hear it!
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