A consolidation at this point would be pointless in my opinion; shouldn't change its ability to move (share price) but looking down the track when its set to bring in revenue of about $3billion, its share price would have been about $3-$6 though if we consolidate now it'd get to $30-$60 at that point. ---> FMG had a share split because of this problem, mum and dad traders less willing to pay $50 a share, than paying $5 a share, even though there's no difference in what you are buying.
I'd rather see mum n dad investors make money on this type of stock than consolidating making it less attractive to them, and allowing institutional investors to make all the money.
But yeah, it (Share consolidation) doesn't matter and we don't NEED it.
SDL Price at posting:
50.5¢ Sentiment: LT Buy Disclosure: Held
