LNR 0.00% 0.3¢ lanthanein resources ltd

C, that sounds great in theroy however to do a 1:10...

  1. 3,685 Posts.
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    C, that sounds great in theroy however to do a 1:10 consolidation would put the stock price at @95c per share. even with the reduction in share numbers FNT cannot hold onto this kind of pricing at this stage. you would see the price stumble down to around 20c or 20% of current price. The only way the SP is going to rise is to start getting regular weekly releases of results and progress and ramp up the media. We are forever waiting for results and people get bored and frustrated. They can be getting beter results for their money elsewhere so they dump it and take a loss. We all know that FNT is going to be a gem in the future but for now it just stagnant money. I have know intention of selling for a long time how ever if they decide to consolidate I will be dropping them on the spot and will buy back in when they bottom out which they will do. IMO
 
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