ADN 5.00% 1.9¢ andromeda metals limited

10:1 consolidation Yay or Nay?, page-17

  1. 2,586 Posts.
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    I agree consolidation is largely a cosmetic action.
    Have been through a number over the years and mostly relating to micro/small caps looking to gain greater market exposure and ability to attract capital. Rarely have I seen it produce any long term benefits. Splits are a very different matter.
    Consolidation changes absolutely nothing about the fundamental structure of the company or its ability to complete its exploration or projects.
    Andromeda have a team that will see it produce as promised. If we were three to four years away from potential production and mostly unknown to the market I might say yes ?
    But for me it is a definite no.
 
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