My own perception is that on this occasion the new assets brought into NHE are pretty good quality.
However the act of script consolidation doesnt appear to have any basis other other than to avoid an equity blowout before the issue of big mobs of discovery shares to self interests... (my opinion only)
it is certainly not thinking of the existing shareholders interests......which is not a good start IMO.
odds are the share price will fall on a pre-consolidation basis when they relist..... and that is not a sign of value creation either.... just wealth creation for the "discoverers...."
I am a sceptic atm. Will taken another review when they relist.....
The next step is to get a rig to drill the holes and get them drilled to a stated schedule. thats when ability to deliver is truly tested....
acturtle
NHE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
