Here's something to consider in regards to your suggestion of a consolidation happening before the next capital raise.From purely a market expectation and investor psychology point of view , in any industry whether its mining or tech - if the expectations are that the business case is going to be ' Capital Hungry ' , then I wouldn't be combining a consolidation BEFORE a capital raise , as this would in my opinion be just a ' recipe ' for continuing downward pressures on company valuation and SP before and after your suggested approach.And because this is how market sentiment works. It is based largely on what Market expectations and uncertainties lie ahead . And this just places more Investor uncertainty and expectations on for a lowere and lowere entry price. Whether that is pre consolidation or post consolidation.And as examples , just look at how AUZ's 10 for 1 consolidation or HCH's 50 for 1 consolidation have behaved relative to the price at the time these recent consolidations were announced.
So if you think you've been getting used to ' sideways ' action on the current SP. What da ya reckon is going to happen if they do that.....depending on the timing of course and if they can get their SP trending more strongly in the right direction , then I might agree.
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