GMD 0.00% $2.15 genesis minerals limited

Cancel the Stupid Share Consolidation

  1. 1,200 Posts.
    lightbulb Created with Sketch. 39
    This stock is doing just fine and consolidation of its shares on a 10 for 1 basis simply for the sake of it is stupid as, in the absence of good news to accompany a consolidation, it just means the stock has further to fall. I've seen it a hundred times and have no reason to think this pointless consolidation will be any different. I'm intending to sell, even though i would prefer to hold as I'm heavily into gold stocks.
 
watchlist Created with Sketch. Add GMD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.