Some posts are very strange , I don't know what they stand for? Big shareholders or small shareholders?
If no consolidation, the SP will achieve 1.50 the end of next year, which will be not penny stock any more (for some case under 5.00 maybe still is, I don't know). After 5 to 10 years, if the company have enough cash, they can buy back shares, and the SP will go higher. Just ask one question, from 0.50 to $50.00 and from $5.00 to 500.00, which one easy?
1.Less shares may result in less dividend, is that true?
2.from current price, it is hard to go lower. While if 5 times to 2.1(0.42*5), SP have a lot of space to go lower, that's my concern.
If you don't agree me, show me your reference or your thinking with details, don't like a women talking behind.
I welcome all different opinions, that can let me make good decisions.
ASX: TAW 2018 Lithium Pricing - US $1,000/T, page-50
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