Makattack, what are you on about?
It is only numbers. Has your computer got problems typing in 1000 instead of 10?
Consolidations do not work if there is no lift in profit. Take KGL last year. They did a 1 for 10 consolidation, driving the price from $0.13 to $1.30. Things went pear shape and promised results did not come through. The price crashed to $0.08. Over 90% destruction. Do you think the price would have gone from $0.13 to $0.02? I doubt it. The moral here is that profits leads the share price. At current levels the company is not profitable. Full stop. Consolidate and it will head back to pre-consolidation. There are numerous examples of this. Start making profits and then we should consider a consolidation.
Regards
Pear
Makattack, what are you on about? It is only numbers. Has your...
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