What is it about consolidation that gets everyone so jumpy? If you have 2 billion shares on issue at 2c and consolidate to have 200 million shares on issue at $0.20 what is the difference? None. You still have the same investment percentage of the company and value you had pre-consolidation. The only caveat is companies that consolidate are often in trouble through too many cap raisings. I think that is the only reason consolidation often leads to a lower price.
- Forums
- ASX - By Stock
- WFE
- is today the day?
is today the day?, page-96
-
- There are more pages in this discussion • 262 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, Managing Director and CEO
Steven Gourlay
Managing Director and CEO
SPONSORED BY The Market Online