houston and cr, page-28

Consolidation for penny dreadfuls nearly always ends badly, might work for shareholders of ASX200 plus companies but not penny dreadfuls especially those sub 10c

Don't be surprised if you end up with less than $100 worth of shares further down the track at a SP back under a cent which need to hit $30 before you'll break even.

Plenty of ASX penny stocks would fit within that maths.

Anyone who would consider a consolidation for GGP a this point in time or anytime in the future as a good option would have to be nuts.

Except SG and co of course, as they can keep the cycle of dilution and CRs going.


Kat..