MOD 0.00% 42.5¢ mod resources limited

Ann: Proposed Share Consolidation for MOD, page-11

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  1. 1,407 Posts.
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    not interested in ‘proving you wrong’ but share consolidations can weaken share price for a number of reasons, including the mere fact people believe it will (self-reinforcing psychological behavior)

    don’t misunderstand me, i’m not opposed to consolidations in principle, and actually think it is beneficial and necessary in this particular case. I just wish mgmt had scheduled the announcement in with some positive newsflow to soften the blow

    shareprice action of recent weeks has been an absolute horror show. I realise mgmt has to do their thing and think long term, but how about trying to smooth out some of the bumps in the road for us little folks?!
 
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