BLY 0.00% $2.91 boart longyear group ltd

didnt expect that, page-26

  1. 688 Posts.
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    Hi BNH

    Agree that you can't compare URL/RCP with a huge company like BLY :-)

    Just wanted to give a true to world example of where (for me at least) 10 for 1 consolidations have recently (2010)hurt the share price of stocks I 'actually' hold.

    Time will tell I suppose, I hope the share price for BLY does go up post consolidation but I guess I'm not very optimistic and hence why I will not be voting for it when the times comes. More than happy to be proven wrong but I think to assume the price will automatically go up after a 10 for 1 share consolidation may be a false hope.

    BTW, I am a holder of BLY and no plans to sell anytime soon....
 
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