You are right on the money......
Post consolidation the SP will continue on the spiral down because there is nothing to push/hold it up. PH is morphing into the SC, the spindoctor that he kicked out. The great purveyor of wonderment has just re-arranged the deckchairs, but still the same shitshow. The team at SUD will keep their snouts well and truly embedded in the feeding trough which will be duly topped up as required by the SHs. An absolute disgrace over a long period will continue, IMO.
Ann: Case For Share Consolidation and Appendix 3A.3, page-5
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