I'm just an ordinary dad investor. I'm not an analyst or a chartist or a guru in shares. But, I would be over the moon for this to be a 10 bagger. Lately through ave. up my ave. is 41c. So for me approx. $4.10 would be great. So then to 10 bag on top of that would be 100 bag? Right? Mind blowing stuff. Now about 2 months ago I started a thread which got every man and his dog talking about this topic.
SHARE CONSOLIDATION.
And it seemed the consensus if a share consolidation happened, it could end up being a ratio of 10:1.
Now, if a consolidation happened today. SDL's SP would be say $5.10. And going 3-4 years down the track from now if everything went to plan and the SP 10 bagged after consolidation. The price would then be $51. Correct? Now much like everyone, I'd love to see this to be a 100 bagger. But I dont know. Maybe thats the only way I can see it happening.
If anything like this happened wouldnt it effectively still be a 10 bagger?
I would be more than happy to be corrected on my thoughts. As I've stated before. Thats the cynical eastern european side talking.
Cheers.
SDL Price at posting:
51.0¢ Sentiment: LT Buy Disclosure: Held