SDL need to do an share consolidation. Many penny dreads do it....

SDL need to do an share consolidation. Many penny dreads do it. At the moments SDL is a traders stock and you can make fantastic returns in a short time.

Say a 1:5 or 1:4 would be adequate for SDL. Around 1.9 billion shares on issue concerns me when we need to do further issues to fund this project.

The real problem is this: announcement comes out, every man and his dog buy 100k to 300k shares for a quick 1k to 3k profit with a simple 1cent movement. I'll admit i've done it! This is the problem with penny dread: Low share price - 1cent movements become very profitable.

I have a small holding in SDL but its heavy red.