consolidation, page-8

  1. 6,900 Posts.
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    Rifici,

    and you are more than welcome to that opinion as to whether the stocks will rise or fall.

    However,the theory behind a consolidation is if the amount of shares are consolidated by 1/10th then the share price will increase 10 fold.

    I have held a few stocks going into consolidation phase and they have traded higher than before the consolidation.

    It is a little hard to predict what LUM could announce between now and that time after re-listing, especially as they have stated that they are looking at further oppotunities to add holder value, so they could go any way on open and that is anyones guess.

    I also believe that holders dont know the extent of LUMs activities at present so to be making calls on their fundamentals is a little premature for mine.

    Time will tell......

    cheers
 
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