AVB 0.00% 16.5¢ avanco resources limited

The only thing a 1 for 5 share consolidation for a small-cap...

  1. 63 Posts.
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    The only thing a 1 for 5 share consolidation for a small-cap exploration company will do is reduce shareholder value by an equivalent amount. Traders/investors are used to paying the lower price and the consolidated share price soon drifts/plunges back to its' share price pre-consolidation.

    Go and have a look at other small-caps that have been silly enough to do the same thing.

    Cheers,

    GrayNomad
 
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