Totally agree to what you have said in relationship to the larger institutional investors that would currently not even know about Hydrix The problem with share consolidation it hurts the small shareholder who have painstaking stood by Hydrix/ Psy and will now see their current share holding diluted, thus making it even harder to make a decent return 100k would become a 10k holding, and the price currently being 0.03 would become 0.30, the value being the same parity. assuming the shares rose 15 cents they would now only make $1500, but before consolidation that would of been 15k
I saw this coming as the share base closed in on 1 billion shares I fully understand why Hydrix needs to consolidate the share base. The dreams for many of cars, boats and clearing mortgages are over for a long time unless they have extra funds to build their volume again
What I want to know is, that all this issuing of shares and whats too be issued are also included in the consolidation. I gather this info will be available prior the the AGM.
Good luck too all
DYOR
HYD Price at posting:
3.0¢ Sentiment: None Disclosure: Held
