The theory of a consolidation is hard to argue with, it makes perfect sense in economic terms,
however, in practical terms that is another matter....Once human beings become involved
practical terms are rarely achieved and theory goes out the window.......So hard to forecast
how a consol will go, especially a heavy one......I have my misgivings but how would I know,
and indeed how would anyone....
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Why 100:1?, page-23
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