"until they at least had an i.e. 1 for 100 share consolidation,"
"It will take many months to turn over a couple of billion shares at .4 cents."
HA, HA, well that 100:1 consolidation gave me a good laugh, better than what's going on ATM in federal politics.
Eg.
Now using the quote here of a couple of billion shares at 0.4 cents
2 billion @ 0.004 is $8 million
After 100:1 consolidation
20 million @ 0.400 is $8million
Well I'll be, it didn't change the amount of money that changes hands??? Go figure.
Look there wouldn't be one holder who appreciates their SP being in the doldrums.
Oh, unless of course it's someone who would like to think there is a possibility of being able to purchase more, or to do an initial buy in, if they can down-tread and stomp on an already lowish sentiment by a continual barrage of only a very negative nature.
eg. Share consolidation for one
31 mil shares
310 mil shares
3.1 bil shares
What? It's all relative to SP and MC, those who see a consolidation as the remedy for all ills should go to the doctor themselves and have some medicine prescribed.
It absolutely amazes me that some who haven't done their homework on a company's MC actually think the SP performance somehow has a magic link to the amount of script issued, I believe they only put this on the forum to influence those who may actually believe what they are saying.
The SP performance has buckleys to do with amount of script, the MC is the markets appraisal of the company's value and current SP value reflects this, and so script number changes can't change the MC, it's the MC relative to perceived or actual value of the company's future prospects, is a consolidation going to change this????
NO.
I don't know what some don't understand about this so I'll repeat it again.
It's the MC relative to perceived or actual value of the company's future prospects, is a consolidation all by itself going to change this????
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