The vexed question of consolidation.
TSV carried out a consolidation in Nov14 at a rate of 5:1. After a couple of slight bumps in the road their SP has not looked back with today rising to 3.8c this morning.
The very large question for EGO holders being will the same be reflected in its SP on good news which the board has to provide.
Phil Garratt with a hell of a lot more skin in EGO than all other directors put together seems to indicate, yes.
That said none of us know much about PG and what is game plan is for EGO. It could all turn to crap for us.
For myself I am a little wary of consolidation as I have been in a couple previously and lost, but I have had one which is proving remarkedly good after its consolidation at 20:1
Without question it is a risky business this share trading.
Trading Halt Enquiry, page-37
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