drarther.......if the new issue is at 20c and you could buy EIO...

  1. sck
    3,388 Posts.
    drarther.......if the new issue is at 20c and you could buy EIO shares at .05c which is a 1 for 2 consolidation......which would you buy...the 20c EIO or the 5c EIO........MY GUESS IS YOU WOULD WANT TO BUY THE .05c share.......follow what I am saying...for the new issue to be attractive to potential investors it has to be priced cheaper or at least very close to the current share price of EIO...........therefore the current share price has a lot to do with how successful the new issue is......and of course we all want as many shares as we can after the consolidation...including management...... the share consolidation will happen pre new issue.........
 
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