Hi Folks
Over the last few months people more knowledgeable then me have mentioned that the SP has been held back somewhat by the number of shares out there so is there a case for consolidation?
I've only been through one consolidation (MPO); they went from 20c to $1 with a 1 for 5 consolidation. The SP was hammered and the general concensus on HC was that no one wanted it but needed to be done to get the company onto the instos radar.
So will this happen before the price really takes off?
For what its worth, I think we need to consolidate the share register so that the SP can't be easily manipulated so picking a figure out of the air I think the register should be halfed at least.
CD
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