Thanks asf
Consolidation in my view is good for the longer term .
A move from 1.4 to 1.5 is a 7% change in company value and to high , the stock dropped to 1.2 today on thin volume or 20%
Going to 40 times , or 0.60c is more attractive to sentiment , even though it is the same market cap a 1.5c cent stock doesnt sound strong .
People might buy parcels of 50000 shares at 60c but only 1m at 1.5c .
Thanks asf Consolidation in my view is good for the longer term...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
