Ann: Completion of Strategic Review and Share Consolidation, page-49

I'm bidding to buy back the 1.2 m that I sold at 0.029 at 0.019. Not sure if I will get any, or even if I really want to, given the volatility. (Plus I still hold over 2.5 m of them, so want it to rise.) The price might retreat back a lot further than 0.019, but that's the risk you take.

The capital consolidation is a weak reason for the stock to get smashed again today. Has no bearing on the market cap and if anything should be positive, as it adds potential dual listing options. Consolidations tend to be bad for stocks that are weak and good for stocks that are strong, but for psychological reasons only, not fundamental. The worst consolidations are of weak stocks that are trading at 0.001 or 0.002, because it gives the sellers somewhere (lower) to go in smaller percentage increments and almost always sees the market cap get trashed.

DYL fell today because the uranium sector was generally weak, the wider market was weak so risk aversion rises, and the stock had run too hard, too fast. The announcement just gave sellers an excuse. IMO companies should keep quiet when their stock is being sold off unless absolutely necessary for legal reasons, or to deny that the sky is falling. Can't see how this announcement was very sensitive, so I'd have preferred it to have been delayed a few days. If someone is storming around the cinema shooting everyone you don't stick your head up to make an announcement, even if it's that the police are on their way.

To the poster who couldn't understand me selling stock when it was on a tear last week, what has happened since illustrates perfectly what I explained at the time.