Hi ,
Can anyone explain why one would buy shares in POW before the consolidation that takes place in the next couple days. Around 9 million traded today so far and not much movement in the last couple weeks. I'm new to this and just trying to understand what would motivate buying now. Is it that after the consolidation takes place and the trading halt is lifted buyers buying would be hoping that interest in the company will pick up (due to consolidation) new buyers come in and the SP will rise? What's the benefit of buying now instead of after the consolidation?
Any explanations/ thoughts really appreciated.
Cheers
Hi , Can anyone explain why one would buy shares in POW before...
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