I'm have placed this same post on PEN as I believe they are similar.
Would the company benefit from a Share Capital Consolidation to: 1. Give the Share Price some credibility; 2. Make the shares closely held; 3. Give BLR easier access to funds.
I have yet to be a shareholder of a company where the share price has benefited from consolidation, so I would prefer my few 100k shares to be valued at $3 to $5 as they are without consolidating.
Just wondering and would appreciate all views.
Thanks
Egap
BLR Price at posting:
0.0¢ Sentiment: None Disclosure: Held