Makattack, you are correct. And it is insidious. In any democracy, Silence cannot be taken to mean "yes". They should be required to have a yes to sell. Not having a go at CNN as this is common. But it is wrong.
Maka, I have a query for you. I have argued that a penny dreadful stock is at a penny for a reason. Your argue that the price is irrelevant because it the capitalization that counts.
So what made you buy CNN at a penny and then argue for a consolidation? Following your discussions, I would have thought you would have aversions to these kind of prices.
But in any case, good luck with your investment.
Regards
Pear
CNN Price at posting:
0.3¢ Sentiment: None Disclosure: Held