Yes, that is correct. Makes easy for further capital raisings in the future should they need extra cash. Also post consolidation the good news needs to keep coming otherwise the shares will drift south on low volumes.
$1.00 post consolidation for MPO can easily end up being .80c or .70c due to investors lack of patience and no new news from the company to stimulate the market.
Is it better to buy now pre-consolidation or wait and perhaps get a better deal post-consolidation?
Yes, that is correct. Makes easy for further capital raisings in...
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