VPG 0.00% $1.79 vodafone group plc.

consolidation?

  1. 1,175 Posts.
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    What are peoples views regarding the proposed 1/20 consolidation?
    VPG have offered some very weak reasons for this.

    Such as
    -The market has negative perception of a low share price.
    -A higher priced share would minimize share price movement.
    -To reduce volatility

    IMO
    -Management have caused negativity to SP by this proposal plus their lack of transparency in market updates.
    -I think at this low state that we need to maximize share price movement, upwardly.
    -Volatility would be our friend with some more positive news from management.
    -At a post consolidation SP we would be looking at a much greater down side, while at present without a con. we are looking at greater up side

    I will be saying NO to this resolution !!!

    I also believe shareholder should be on deferred remuneration of distributions before a management who are failing us

    RR

 
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