Hi Jahar.
Thanks for the comment,
My recollection on PNA and OZL and others like DRA was that in each case the consolidation was initially beneficial to the SP. What has happened to the SP of those companies more recently seems to be market related rather than company consolidation related.
I understand that a consolidation is still the sum total equals the sum total. My question was when is a good time to consolidate and why?
It seems to me that a consolidation should happen when there is a low price and a potential upside for a company and its SP.
all IMO
cheers
not bad for a red day, page-30
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