MOD 0.00% 42.5¢ mod resources limited

I really dont get why Canadian and US investors get hung up on a...

  1. 636 Posts.
    lightbulb Created with Sketch. 6
    I really dont get why Canadian and US investors get hung up on a bloated share register. People still buy on what they can afford to spend, not on the number of shares they purchase. If they did a share consolidation lets say 10 for 1, my shares will still be worth the same as what they were worth previous to the consolidation. You are not going to have less shareholders just less shares. It might look prettier and the share price will be higher, but it will have no material impact on the market cap or what my shares are worth. I just dont see it as a big issue, i see it as a moot point. Just my opinion, its not something i get worried about as i dont think it has any importance, rather than aesthetically. It really is 6 of 1, half a dozen of the other. In my opinion its irrelevent and not worth worrying about. Happy for others to disagree and here there points of view.
 
watchlist Created with Sketch. Add MOD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.