GGP
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0.00% 0.6¢ golden gate petroleum ltd

share consolidation -i'll be happy , page-4

  1. tts1980
    845 Posts.
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    27/04/13
    10:39
    Post #: 11692135
    In theory it seems sound, but after a 10:1 consolidation for example, chances are the price will fall to say 1.5cents. So if you are existing holder, you will lose money before if you even start trading. So you will need more successful trade just to recover your lost after consolidation. And touch wood, before we know it, it might fall all the way back to current level which means an even greater lost.
    GGP Price at posting: 5.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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