pisces, how many times do you need to be disproven before you realise you are wrong.
SSN
PEOPLE WERE SAYING THE SAME THING FOR MONTHS AND MONTHS ABOUT THIS SHARE THEN THEY RAN HARD IN SHORT TIME.
There is NO LOGICAL REASON for shares on issue to matter whatsoever.
The only reason it can matter at all is because one idiot THINKS it matters and then all the lemmings follow each other off the cliff, believing it makes a difference.
The maths debunking this is IRREFUTABLE.
IF YOU CONSOLIDATE YOU STILL HAVE EXACTLY THE SAME NUMBER OF HOLDERS, EACH HOLDER STILL HOLDS THE SAME AMOUNT OF MONEY IN THE COMPANY. EACH HOLDER STILL HAS THE SAME PERCENTAGE OWNERSHIP OF THE COMPANY
What matters alot more is that there are 10000 holders, many who wouldve found out about CCC through HC or DnD. These holders have no loyalty and think dumb things like number of shares on issue matter, therefore the share can be manipulated in an obvious and strategic pattern, allowing bigger players to cause panic selling and euphoric buying, making risk-free 5-10% gains over periods of a couple of months, after which they rinse and repeat the cycle. We have had evidence of this multiple times on the forum, people coming here stated they bought at 7.4, sold at 6.5 then rebought back in at 9.
If the registry was TIGHTER with the top 20 HOLDING MORE that would MATTER.
Seriously pisces, how can you state "I'm totally bemused by those who think the number of shares on issue doesn't matter"
Then state "The answer definately does not lie in consolidation ". If the answer doesnt lie in consolidation, then the problem isnt number of shares on issue as consolidation directly decreases the number of shares on issue, hence it would solve any problem that was associated PURELY with number of shares on issue.
How can you not see the fundamentally flawed logic in said statements?
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