ten for one, page-24

if they hadn't announced this proposed consolidation I would have expected the share price to move up to close to $2 this week....
but now...its becoming too risky ...so i sold out taking a very good profit.....

as you say after consolidation ..every one of them suffered a reversal in share price....

this would then be like trading rio or bhp...small parcels on the bid and sell easily controlled by fund managers who can put big blockers in place and the shorters are murder....

ozl would have too few shares freely trading to be worth looking at for day trading...the rises needed to make it worthwhile would be much larger....and selling the stock would be tediously slow....
well we have 4 months left and if it goes ahead the game is over...hope something else is found to take its place but a hard call to find one like this.....
in the meantime I expect big players to send it down in order to accumulate at low levels giving them exposure to the capital return and dividend....
they will exit soon after.....

I do expect more stock to be issue after the share buy back ....it would involve an acquisition ..that would bring a lot more dumpers into the market...it may take awhile for it to stabalise....

good luck