SRS 0.00% 6.7¢ spicers limited

Information re Coastal, page-14

  1. 136 Posts.
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    s_s00d15, You raise an interesting point . . . . . worthy of further research !

    Sure, I have only put in an hour, but I can't find any resource to statistically support your claim that 'whenever shares consolidate . . . they drop in SP afterwards'.

    Yes, I found a notable example of consolidation and share price drop - AIB Bank, in Ireland, just before Govt. took 94% ownership!

    In 'normal life' I do not see there to be a statistical footing that SP will drop if shares are Consolidate.

    I still believe it would be positive to reduce the total number of shares on issue and have us trading at 30¢ rather than 3¢, I recommend and urge the Board Consolidate 10:1.
 
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