On previous share consolidations, I have always lost out on value. However I think fair value on this share is 1.2c - 1.6c and that the pending consolidation is keeping the price down.
If we consolidate at around 0.8 then that's 2.4c per share and I would think there is an upside to the share price as we open the door to the larger investment houses.
At 0.8 consolidation my moneys on a share value in the mid 3's when the consolidation washes out .... IMO ... and that BLY is an investment share now, good for a long term hold.
On previous share consolidations, I have always lost out on...
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