share consolidation needed , page-2

Sputnick,

I disagree with you 100%

A share consolidation now( or any time for that matter) would be a death sentence for this stock

Have you seen what has happened to the shares of other stocks post consolidation? They fall about 40% and hardly ever recover

Institutions or fund managers do not look at shares in issue..they look at market cap and fundamentals. I cannot understand the mentality that suddenly a fund manager will buy a stock at $1 and not 10c just because it consolidated..Its still the same company

If this company delivers, the sp will go up..irrespective of the number of shares in issue

The moment management contemplates a consolidation in the absence of a very compelling reason, I'm out