FSE 0.00% 0.5¢ fuse minerals limited

fas/eld/buy???, page-4

Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024
  1. 1,510 Posts.
    Cheers DW.

    The question has been asked (at the last meeting) whether or not there are plans for a consolidation in the near furture & the answer was no - not in the short term anyway.

    I believe it will happen, but I think you will find that the story will be almost complete by that stage - with numerous boxes ticked.

    I have no doubt the registry is keeping some investors away - consolidation scares investors.

    BUT - If the story is solid & say, the Co is producing - then the price (in theory) should hold the value - post consolidation.

    Numerous people, including Myself, have been badly burnt by consolidation of the registry, but if the story is good the value will increase as per the consolidation offer: Re - 10 - 1 (1c increases to $1.00)

    All we can do is wait & see.

    Cheers
 
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Currently unlisted public company.

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