Ah, trading at 0.15 today—quick math for you: that’s equal to 0.0015 cents pre-consolidation.
And thats like 0.0015 being offered:
View attachment 6639018Let’s add IVX to the Hall of Fame for companies that consolidate, only to crash to new all-time low market caps. Just for fun, here’s a recent roll call: WSI, ZLD, MOM, MDC, NUH, CI1, TPD, MGT, THR, TI1, KDY, MXC, GDA, TOE, RR1, ADX, AUZ, CZN, WNX, FGL, 1MC, PEN. All proudly showcased their consolidations—and promptly nosedived. Even heavyweights like PDN, another uranium company, consolidated earlier this year and are
still trading lower. Lesson learned yet?
Consolidations never work. History doesn’t whisper, it
shouts— any time a company announces a consolidation, sell and buy back in after if you still want to hold the company, you can always get in cheaper, yet to see an example where it hasnt worked.
(20min delay)