QNA 0.00% 1.3¢ qanda technology ltd

Playing with numbers, page-10

  1. 2,140 Posts.
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    ------ Consolidating a stock price in an uncertain market cycle, is as clever as removing your appendices out even if you didn't have or would never have a problem with it, or more like buying something for $100 and shortly you know you'll sell it for $1-- however if the company business is growing strong and the market is bullish and the world economy is in an optimistic mood, then I wouldn't see anything wrong with a bit of consolidation; consolidation would work better if that stock price was already above 10c, consolidate to the $1 mark, this situation would work easily. But in the case of QNA you'll find the consolidation melt down to pre-consolidation level. Why do you think the price is where it's at now? -- think about it! this business needs serious organic growth, there's not enough of it yet. You just have to hope and pray
    Last edited by foghorne: 16/09/14
 
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Currently unlisted public company.

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