consolidation?, page-3

Unfortunately the decision will likely be decided by the institutional holder since according to Reuters they collctively hold some 57%. During the past 3 months the net change by them is over 100m shares, but also on the flipside 2 have exited, 7 increased positions an 5 reduced with a net of 2 buyers. So whereas the day traders may be in on the game, seems more like the movements by the larger instos in/out are coupled moreso with the volatility and poor sp as a result.
Personally I'm against a consolidation for the inane reasons posited by management, but track history has it that they'll put the issue to the vote nonetheless and give as poor reasons for this as they gave comments from the last gm during shareholder q/a. If Hurley went out and spent his entire bonus which he received for seeing the sp collapse to these levels, we'd be back to 10c again. For one I'd prefer he put his money where his mouth is - if he's so gung ho and pumped, how about he share the sentiment and buy into a ridiculously low sp. Also why is VPG considering more purchases of the shares by the fund units since according to management the sp is undervalued so would rise in the future. Other US companies are actively buying back debt, selling notes, releasing dividends to holders, borrowing at the low interest rates to convert debt into cashflow - yet valads only course of action appears to be consolidation as a solution. Thanks god Hurleys not a neurologist since he'd likely recommend an amputation as a cure for a headache.