Instos are buying at 1.3c = 13c post consolidation.
My concern since finding out the console will still happen if the shares trade above 2c is if the shares list at less than 20c.
Which of course would mean not only mean a consolidation resulting in less shares but also an instant loss if I was paying for example 2c now = 20c on market. Then the shares list at 15c. I am down 5c immediately. Thus the reason why I am waiting to buy on market. The less risk is a better situation for me. Sure, it could of course list higher than 20c but I highly doubt it.
MNQ Price at posting:
2.1¢ Sentiment: Sell Disclosure: Not Held
