SRL 6.59% 42.5¢ sunrise energy metals limited

Consolidation

  1. 1,387 Posts.
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    There is an incorrect perception out there that consolidation reduces value. It is the only reason I can think of why the SP has fallen rather than risen after this most promising announcement.
    The research on consolidation suggests overall it is positive and I think many potential investors will have this confirmed by their brokers/ financial advisors.
    I expect a share price rise in a couple of days after advisers have run the slide rule over the features of the announcement. As King Kev says, quite a lot to digest.
    http://www.portfoliodirect.com.au/MiningJournal/MJ110915_consolidate.pdf
 
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