A lot of consolidations have a tendency to go backwards if done at the wrong time I would have hoped that this did not happen until the appeal was done and dusted....the only way to combat this is for share holders to rally together do either one or the other.......A) vote against the motion or B) increase your holdings
it may also be worth noting that after they do a consolidation that the company this particular company may be come very attractive to other entities with only 400 mil shares been held.......not suggesting anything to anyone
just stating a fact .....it is very hard for any other group or individuals to take a major chunk of the company whilst we had such a large dilution......this may prompt drake into showing their hand at least.
- Forums
- ASX - By Stock
- AVQ
- Post consolidation SP after an appeal win.?
Post consolidation SP after an appeal win.?, page-7
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)