DIO 0.00% $1.27 dioro exploration nl

Pedro711 you wrote:..."BB as i stated earlier..1 new share for...

  1. 1,584 Posts.
    Pedro711 you wrote:

    ..."BB as i stated earlier..1 new share for each 14 existing shares then the existing shares will be cancelled..this in 90% of cases is a horror story for existing shareholders as generally the price falls back post consolidation."

    You are quite correct in your observation that in 90% of the cases the sp falls back upon such consolidation.

    However as a long term investor I will be happy to see DIO made less attractive to the day trade.

    Also, I think DIO may be within the 10% that appreciate post consolidation owing to their good planning - for instance involving a free share offer in their coming float and the TSX listing.

    Anyway, I have been with this mob for ages and I'm not bailing now.

    In fact, if the sp falls, I shall be very happy to grab a few more....

    (Sir) Lunchalot
    Scoffer Extraordinaire
 
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Currently unlisted public company.

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