Even with say $50 worth of shares after Consolidation will be an advantage for me so as to offset my profits. At least I will be get something out of it....Had they had just folded up then no tax offsets would have been available to ease my tax liability.
As to whether I will take up more shares is questionable ...Firstly I will sell what I have for the tax loss then I may just put in another $1,000.00 purely as a "punt" and put them back in the bottom draw for say the next 2 quarterly period reports. Just maybe this crowd can pull something off with Spot gold prices up and our processing plant. I think that as a local Co they will have a better appreciation of how things are to be done compared to the ways of the old Co and management.
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