If they ever announce a share consolidation, I'll be looking for the best opportunity to exit my holding for good.
At the micro cap end of the market 99% of share consolidations are done with the aim of raising more capital and diluting existing holders by issuing more shares.
I'm not going to wait around in the hope IAM is the 1% exception.
IAM will rise or fall on achieving their stated business targets, not on the number of shares on issue.
Sydney roadshow, page-22
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