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Shareholder's Lament......., page-17

  1. 15,518 Posts.
    lightbulb Created with Sketch. 43
    Actually DLS is an excellent example of the impact a share consolidation has on the SP.
    DLS did its 1:10 reverse split in Feb 2011, whereupon the price went from 72.9c to 44.5c over the ensuing 7 months.
    It didn't really start to recover until they were able to announce new finds and increased resources in early 2012.

    I'm not saying PRR should never do a share consolidation, just that until they can rack up some significant progress towards commercialisation, the market would see it as a furphy and crush the SP further.
 
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