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Take KGL last year. They did a 1 for 10 consolidation, driving...

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  1. makattack
    31,884 Posts.
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    28/08/14
    09:24
    Post #: 13885145
    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

    See this is a very poor example. Things went PEAR shaped. There's nothing to say the share price wouldn't be .8c before consolidation in this example. The bad results was NOT a result of the consolidation. Or are you implying the results would have been ignored if there was no consolidation?
    Last edited by makattack: 28/08/14
    CNN Price at posting: 0.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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