AFT afg 2023-1 trust in respect of series 2023-1

10 for 1 consolidation, page-2

  1. 1,261 Posts.
    Hi Kar

    I wouldn't mind a 1 for 10 consolidation but I reckon they would go the way of others as you have mentioned and go 1 for 100. I just believe it gives you more room for CR's etc. The concerning thing about consolidation is that we don't seem to have enough positive info coming through to support 2c or 20c. So, we could see a further drop which I have experienced with other stocks post-consolidation. The other thing is that the consolidation price will be fixed on an average which I believe is too easy to manipulate. They have had the 6 bill on issue for years now so I don't think housekeeping is as high on the agenda as profits which I am happy with. Having said that, they'll probably announce next week knowing my luck. Cheers, Chris.
 
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