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Why Is Sunstone Metals Cutting Its Shares by 30 Times?

9:38am on Thursday 22nd of January, 2026 AEDT Mining
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Why Is Sunstone Metals Cutting Its Shares by 30 Times?

9:38am on Thursday 22nd of January, 2026 AEDT
Key Points
  • Proposed 30-for-1 share consolidation to reduce over 7 billion securities
  • Consolidation includes shares, unlisted options, and performance rights
  • Shareholder approval sought at meeting on 23 February 2026
  • Consolidation aims to ease administrative burden and support corporate discussions
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