Barndog, in my opinion, consolidation is the last thing we need.
I've rarely seen a re-price where it doesn't slowly trickle back down into the gutter.
SIR is a classic example, although they later reaped benefits from some good finds.
I've backed the truck into SMA, including a fair bit at .004-.005. They've managed to climb from .003 to .04 in just a few months with 1.5b shares on issue.
I reckon the fundamentals will speak for themselves over time but for the moment this ain't a day trader's bread and butter.
I'm heavily invested in it now, having enjoyed my SMA experience, and will be so for at least 18 months.
Good luck to all.
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