CNN cardia bioplastics limited

the 0.5 and 0.6 stack will be just as bigfundamental issue with...

  1. 12,617 Posts.
    lightbulb Created with Sketch. 181
    the 0.5 and 0.6 stack will be just as big


    fundamental issue with a SP stuck in the 0.2-0.4 range

    each movement is huge % wise

    the current situation also demonstrates clearly that irrespective of an announcement that if you wait patiently in the buy queue your order will be filled sooner than later

    The only way out of this - and to create smaller increments that would let the SP rise gradually (not 50/33/25 %) - is a

    Share Consolidation 1:10

    yes - not that expensive - yes lots of them haven't worked - but having that many shares on issue is not "tidy" - but most of all it will give both buyers and sellers the smaller increments of let's say 3.0 to 3.1, 3.1 to 3.2 etc

    Might also get more interest when potential buyers see that if it goes back "1 click" they don't lose 33% of their investment.

    Creates more stability for the MC and that be beneficial

    A bit weird seeing a MC 8 million one second and 12 million the next

    If you get my drift.....................

    Something the board and SH will have to look at sooner or later - so may as well be sooner as far as I'm concerned
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.