I know Chuk and others will disagree with me on this as they have written explicitly on pros and cons re consolidation of the shares. However I still believe that ABU has to consolidate to possibly 50 : 1 if there is an inexpensive mechanism to do so. This will make the procurement of the share more eagerly sought after by serious investors and eliminate the ridiculous trading by dumpers of millions of shares.
Once upon a time an announcement such as what was released today would have had the serious investors clambering to buy this share on its value. These orebodies are faultless as is the company management who keep getting slapped in the face by ignorant players. I think consolidation should be seriously considered and I stand by for constructive comments if I am getting this wrong.
Cheers,
Helmenesh
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