BCN 0.00% 2.2¢ beacon minerals limited

Share consolidations have sometimes sunk the share price back to...

  1. 1,720 Posts.
    Share consolidations have sometimes sunk the share price back to the same level where it used to be before the consolidation, so if this happened here with a 4:1 it could effectively drive the price way down to 0.002, bad enough already at 0.007-0.006

    The SP was over 3 cents a little over a year ago with less ore proved up, so why would anyone even give breath to the thought that a share consolidation is a magic formula

    The SP performance has nothing at all to do with amount of script, the MC is the markets appraisal where the SP is at, so script number changes won't change the MC

    It is all about if holders are encouraged to do just that - HOLD, the only way to get more to hold on for the future benefits, which is all about future SP gains is to give the investors a belief in the future of this company, that this company is moving forward, showing timelines for work and most importantly (can't stress this aspect enough), a continuous updating to the market especially with respect to the way forward to the extraction and processing

    I hope that this sell-off with no real underlying reason except being the EOFY has management scratching their heads and doing a lot more planning and also about how they intend to keep the market fully informed instead of in the dark as it is ATM

    It is much too quiet on this front, so what do management expect?

    No news = no general interest

    No future plans = no investors interest
 
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