consolidation, page-30

I cant say if consolidation is going to be good or bad. I am a fence sitter at this stage.

Something to consider is what GJ was talking about at previous meeting.

A reduction in the total share holding by a 2.8 billion to approx 788 million, and an increase in SP to around $2.40 would surely look less attractive to the day traders who on numerous occassions have controlled the SP and might even free up the movement.

Would it be more advantageous to have the consolidation say 4-5 to 1 and stop this BOT/day trader control?

OR would there be nil effect to these traders?

I would like to know your thoughts from this angle.


At the end of the day if consolidation sends the SP South, I will exit the trade and wait til it starts to head North again, start the cycle over again and accumulate more!

Not a hard decision I think.


"Let the trend be your friend until the bend at the end" - Never truer words spoken.