if there is a steady flow of news and if we have some luck in our next drilling, this consolidation will be a blessing in disguise... the sp will move much faster now if there is any good news with 1/10 of the previous number of shares..... if the news is bad, the consolidation normally kills the investors as the sp can go to lows that were not easily reached pre-cons...
so it works both ways...
fingers crossed for a bang like BGS which had a bad run initially post consolidation but as soon as one piece of good news was rec'd, the sp just went ballistic - went up by 500% which imo would not have had happened pre-consolidation...
MPJ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held