Frog, As I have stated previously consolidation should only take place with successful results and a buoyant sp. Example!.
Recently a company in which I was a holder did a 25-1 consolidation . Because of the very low sp this turned most of the holdings into unmarketable parcels except the top 20 . They then very generously decided to buy out all the unmarketable parcels which turned my $15k investment into twenty two dollars which they donated to a charity, or so they said.
I AGREE LEAVE IT ALONE!!
Trading Halt, page-52
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Change
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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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