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A consolidation makes sense. Why do you believe this will...

  1. mycrowssoft
    2,777 Posts.
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    03/05/20
    16:45
    Post #: 44407222
    A consolidation makes sense. Why do you believe this will attract more institutional type investors?

    Because a low share price is considered a sign of weakness by investors, and they may avoid the shares.
    By consolidating shares, the price of the new share is much higher than the old shares.

    Cheers
    NET Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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