the benefits of share consolidation and demerger, page-3

  1. 14,257 Posts.
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    Now what I believe is a better question is did MLX pay to much in it's acquisition of Wesgold .

    What do you mean by this? ????

    I think that you have gone astray here arsenic.

    On the other matter, a company with a MC of say $100m can be any composition of share numbers v SP - 100m shares at $1 or 4b at $o.025c (2.5c) to take extreme examples. P/E ratio is obviously relevant but the company with the big share issue should be at a disadvantage because of the much lower SP and the large volume in one go that hits the sell side. Also, institutions have rules don't they re this sort of thing.

    I think that MLX consolidated so as to hopefully get the MC up. It worked imo, and in the process gravitas befell to the company , and benefits followed.

    FAR and AVB may be better off with a substantial consolidation - as just 2 examples. Low SPs do not attract, as a rule.
 
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