ALA 11.1% 15.0¢ arovella therapeutics limited

Hi binda Welcome to the HC thread. While there is always the...

  1. 3,958 Posts.
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    Hi binda

    Welcome to the HC thread.

    While there is always the possibility I think history shows that most companies that do a share consolidation end up falling over time towards the pre-consolidation price.

    I dont see the need for a consolidation personally. It is not as if there is excessive liquidity in the stock at these "low" share price levels anyway and having a higher share price with less shares on issue isnt going to change that.

    If SUDA deliver on their objectives the share price will respond accordingly and the broker and analyst community will get on board.
 
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