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19.1% 2.5¢ paterson resources ltd

Ann: Consolidation/Split - PSL, page-67

  1. Abigail47853
    206 Posts.
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    17/11/20
    08:24
    Post #: 48918687
    Can anyone share their thoughts on the timing of this? I have now seen multiple companies announce a consolidation for the same time period. Is the idea to start trading pre xmas to try minimize volume and potential sell off?

    After putting some thought into it, I think 15:1 is far too aggressive. 5:1 is more appropriate for the current circumstances. I'll be voting no.
    PSL Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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