SEA 0.00% 16.5¢ sundance energy australia limited

$260,000,000.00, page-3

  1. 5,499 Posts.
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    I really don't think the consolidation will change that much, I certainly don't think a 100:1 rather than 10:1 would do anything significant.

    I don't think the 'penny flippers' are the main drivers of the market, nor do I think they are pushing it in any particular direction.

    A 'penny flipper' can still play all the same games on a $7 stock as a 7c stock, they just buy 1% of the same number. That is, unless they were wanting to play with under $7 worth at a time...

    I don't think this is what we should be worried about or focussing on.

    Even if you do think a 100:1 would have been better than 10:1, I'd suggest getting over it since your melancholy won't change the fact they've already decided on a 10:1 and that's what you're going to get.
 
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