Consolidation is the only way to stop the wild sp swings. As you...

Consolidation is the only way to stop the wild sp swings. As you said from 0.3c to 0.5c is 67% gain.

A higher sp(through consolidation) will result in less wild swings, and hopefully higher volumes and at some point a run in sp.

Obvious we as normal buyers only have two choices.

1. Put up and pay 0.4c, but how do we sell them? We can join in the 0.5c line and wait an eternity. We can sell at 0.4c and wait awhile or if we need cash we can lower to 0.3c and take the loss.

2. We put a bid in at 0.3c and wait until its filled. Gives you a fighting chance to sell at 0.4c and profit.

Now a cap raising isn't restricted to whole numbers. They could chose to raise at 0.34c for example. But that doesnt make it any easy to sell them for profit.

Sophs and placement shares are usually after a quick exit. The amount of shares looking to exit makes consolidation inevitable IMO.

Hopefully a cornerstone investor forms part of the raising. Atleast then some shares will be held long term and not dumped into the buy line.

I'd be happy if the end result is sp equivalent to 0.3c, if that means 100:1 and cr at 32c, so be it. Sp opens around 35c for exit of sophs, then tends lower over time. Settling around 30c until Trinidad delivers.

Atleast we will have Trinidad and a less volatile sp. Fury is very stagnate.