IMO, about capital raising and share consolidation, there is nothing to concern at all.
Capital raising means having a chance to have more shares
and definitely needed to expand company(legal entity) itself to more bigger and more deeper self as long as company's direction is right.
Regarding share consolidation, for instance ATI has carried out 20:1 share consolidation in order to change pearl farming or selling company into legal mining one some time ago from around 4 cents to $ 1.00, and now they are traded around between 1.60 and 2.10 ranges. This means share consolidation is not diminishing its value by consolidating ratio as long as the company has promising something such as good asset or prospect.
Before doing my study/research by myself, I anticapted its SP could 10 times(1000%) upside potential within 3 years but now it could be 30 times(3000%) plus.
(Please note that definiteluy this is only my view and hope and no any professioanl ground or so)
Anyway, it is very promising stock.
HP CEO Fiorina said, "Business with good talented personnel
will be definitely(without fail) succeed."
We have God blessed good captain.
As a shareholder(s), we have to support for our own benifit.
Regards,
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