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clock Created with Sketch. 25/04/23
16:26
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Originally posted by KamikazePilot:
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Can someone please help me understand the rationale behind Mayne consolidating , probably been explained don't recall whether it was fully explained or not . think there'd be more than a few like me would like to know pros and cons for a small cap company like Mayne need to consolidate and why it wouldn't / shouldn't deter investors from buying looking at $4 +, surely there'd be more interest in Mayne as a low cost speculative investment if we'd not consolidated OK for those who find it easy to understand how shares previously worth 15 cents now after consolidation something like a $4 + share but how does this benefit us . Interest in this stock now mostly day traders . Think full year report going to need to impressive to move shares up much from here .
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Hopefully it wasn't consolidated to ride this back to 15cents
(20min delay)