nuplex to consolidate shares , page-23

For those confused or anoyed at the consolidation and the resulting downward pressure of the share price, I thought the following article might shine some light on the NPX decision.

"Fun and games aside, the split will help Coeur d'Alene Mines to remove the stigma of its painfully low share price, while addressing a quirk of the brokerage-industry fee structure that often punishes purchasers of lower-cost equities. I consider the split a positive move, since institutional investors can be constrained by guidelines requiring a minimum share price. "

Perhaps the consolidation is an attempt to once again attract the institutional investors.