Hi Singa,
Personally, from the time the board mentioned to consolidate the shares, l was very much against such a decision knowing from past experience that it would do more damage than good. In the past, l had shares in another company which did do a consolidation.
Before consolidation my investment was $80,000, now after consolidation my shares today are worth $1,800. We were given similar reasons how a consolidation was going to do wonders for shareholders because it was going to attract large investors.
Guess what, after 4 years, we're still waiting………...
EGO Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held