A company should be focused on generating VALUE for it's shareholders. Share consolidation DESTROYS VALUE. If a company can't generate VALUE then no amount of messing around with SOI will improve shareholders VALUE.
I've been caught in a few share consolidation and EVERY SINGLE BLOODY ONE of them DESTROYED VALUE. Not one of those consolidations improved value at all. I suspect those who are calling for and/or are wishing / hoping for share consolidation are the ones who's agenda is to see shareholders' value DESTROYED. They've probably short sold.
Trading Halt, page-47
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Mkt cap ! $4.066M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3871494 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 2455709 | 6 |
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