"Infact I challenge those reading this to find an example of a consolidation not leading to lower prices directly after a consolidation, hard to find even 1 example , but plenty of recent examples of it working out bad."
Hard to find an example? Ok, here's a URANIUM example..
BOE did consolidation around 29/11/21.. share price went from $0.31 to $2.48.
Now let's look at the chart below from around November 2021 onwards.. it just went upwards.. some sideways action.. then hit a peak of $6.11
Even after the pullback we've had this year and recently, it's still at $3.44 (above consolidation price)
See chart below
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Ann: Consolidation/Split - PEN, page-133
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