TSV 0.00% 0.8¢ transerv energy limited

Ann: Capital Reconstruction, page-2

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  1. 1,046 Posts.
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    5:1 is absolutely useless...really...? I've found these only work when after consolidation the share price is launched at least over the 10c area into 1/2 cent increments instead of usual 10 levels to wade through...then they need to follow that with a consistent flow of good news to keep it up...? (as in like LOM achieved)
    4B shares divided by 5 still looks like too many on issue & the new price will be 2c...? They probably should at least have gone for a 25:1 to get it to 10c level but again need something to drive it after consolidation occurs.

    I'd like to believe this will benefit us shareholders but unfortunately I do feel it will fall back again if they have long periods inbetween news flow - hope to be proved wrong! Bought TSV on a whim after a dumping - bad move!
 
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