At what point in time do those who promoted as a given the view that the share price would collapse post-consolidation concede that their judgment was, for want of a more gentle term, wrong?
There comes a time when other factors may influence a fall; that time is, by my estimation, already with us. If the price sinks now it will not be by virtue of the consolidation.
The consolidation has not yet led to more liquidity (or at least trading volume by value), but the buy/sell spread is by simple mathematics tighter and that is unarguably a good thing.
The consolidation was a great move. Well done Brad.
SVG Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
