MOY
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0.00% 5.1¢ millennium minerals limited

patterson's report, page-15

  1. psyber
    404 Posts.
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    25/09/12
    11:35
    Post #: 10766835
    I doubt there would be any consolidation - there is no point. Companies usually do it if they know they might need to raise further capital. The consolidation is to increase the share price and not put investors off.

    This company is performing and does not require further capital. Consolidation exercise is a waste of money for them.

    Have a look at BHP - it has 5.3bn share on issue.
    MOY Price at posting: 66.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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