WBE 4.76% 1.1¢ whitebark energy ltd

Agree with you Kronkman. In many cases where shares trade above...

  1. 563 Posts.
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    Agree with you Kronkman. In many cases where shares trade above the minimum pip increment, consolidation is bad because it just creates more room to move down the price scale. However, this case is different because we are already at the effective lowest possible price increment, so the % moves bear no connection to reality. It is not a properly functioning market. Kudos to the Board for proposing the consolidation - bring it on, I'm voting for it.

    Looking forward to the re-rate from the consolidation AND when the cash rolls in from Rex 4.
 
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