"Let me reiterate that consolidations can be a terrible signal for retail holders in this type of company, at this stage of development; not in of themselves, but of the implications of the utility it provides and the uncertainty it can instill. Pop over to the charts of other spec miners which have gone through this process to see some real horror stories (i.e. of first month drops post-consol all the way down to pre-consol SP.)"
Would you care to offer some of the companies that have dropped back to pre-consolidation prices within the first month??
Cheers
MPJ Price at posting:
0.6¢ Sentiment: None Disclosure: Held
