Consolidation may be only 1:10 or some thing like that, a lot of Canada Venture Exchange shares trade much lower around 0.15 - 0.20 CAD levels. This is also only a guess, we do not know what the mgmt thinks, they have not talked about it may be because investors recoil at first from consolidation news.
CAI is not an easy investment decision for most investors as the resource upsides are clouded and not easily visible. But a violent upward break out at some early date is a must based on LT charts and that is the reason I got in yday onward. I will keep adding as and when required.
CAI Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held