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Share
688 Posts.
352
09/04/10
15:15
Share
All stocks I have held that have recently done the 10 for 1 share consolidation have gone down (URL & RCP etc).
I can understand the technical reasons why they would want to do it but IMHO it hurts the share value and a sell off is almost inevitable.
From a long term perspective I like the BLY fundamentals and think it will grind up over the coming years as the resources recovery continues.
I will be voting against the share consolidation but I guess I will be a lone voice in the wilds on this...
:-)
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