RECALL:
MMLTD is conducting the industry consolidation to bring its total number of shares on issue more into line with its peers. The number of shares MMLTD has on issue will
reduce to 199 million.
While the share consolidation will have no effect on the underlying value of the Company, the effect on MMLTD share price at the time of conversion should be to trade at 22 times the price at which it previously traded. The share price will continue to be influenced by other factors.
=== trade in lin with peers?
=== was 199 M and now...?
=== no affect - in theory ypu drop kicks but anyone who has held shares knows it gives more rome for sellers to sell to fold who only but shares more than 10 cents...
=== influenced by other factors.
so pray tell Dipstickitis? is the reason - the other factors?
Seems to me we have miners and workmen running the show, but no-one who knows how to run a company and make money
Somebody, or a bunch of nobodies, at the top clearly has no clue what they are doing.
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