WFL 0.00% 0.3¢ wellfully limited

Institutional support / share consolidation, page-2

  1. 5,348 Posts.
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    I guess it would depend on if it was a simple consolidation, or more often tied into a cr also. I guess even a consolidation on its own can still be perceived as "preperation" for next cr. I think if they could show break even or cash positive maybe on next two 4c's then maybe that would reassure market that cr not imminent and consolidation then not so scary and maybe positive?? All down to perceived reason for doing it i guess. Definately doesnt invite big institutions tho when sub 10c and billions of shares.
    Last edited by andrewk65: 29/06/18
 
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