FML 0.00% 16.5¢ focus minerals ltd

treasure island - mineweb article, page-3

  1. 12,607 Posts.
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    for a long time the debate over consolidation has been happening on HC

    I've always felt a bit towards rather not - having seen what it can do to some stocks (BLY etc)

    It also doesn't change the market cap - or other fundamentals

    but observing what is happening now with trades and the potential upside to POG (have a look on some of the posts on the gold thread) NOW may be a good time to consolidate.

    There's enough funds in the bank to pay for it - and it may well put a stop to some of the trading patterns (like every time I think the 5.5 have cleared, up pop another mill or so).

    Think there really is a psychological difference in trading 5c stock or 50c !

    A 1:10 consolidation would put us in line with most other juniors with 280 mill shares

    And it can result in a more nuanced trading range (can't do 5.15 c but can do 51.5c)

    Just a thought
 
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