Ann: Moblan Drilling Results, page-29

in my experience, consolidations rarely end well for existing holders.
This is a small cap , and most likely the vast majority want a large holding, but when 1 million shares turns into 6,666, then who would Want that in my opinion.
changes the entire dynamic of small cap returns, hence why the big selling into 2 and 1.9 now imo.
Strange they have had a number of announcements since last week's 1-150 consolidation announcement?
On my watchlist, but certainly not interested in buying at this level and most likely any time before that huge consolidation.
cheers just my thoughts