A share consolidation and a cornerstone investor would help to remove the day traders. At the moment traders are getting great returns for single pip movements. One for ten consolidation would make the trade less desirable.
Fantasy time..... Trading halt is Vale payment $30 - 40 mill, means we are definitely moving into production mode ASAP as the trial mining license expires quickly if no activity. Cornerstone investor wants a piece of the pie for whatever reason but insists that the shares have to be consolidated to remove the day trading opportunity and allow for real growth in SP as production comes online.
Just throwing my hat into the speculation ring
A share consolidation and a cornerstone investor would help to...
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