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Good Thinking by cancelling Consolidation
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freeme
Elite |
10-May-2009 11:36
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any view on this china penny coal play? |
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Ironstarz
Member |
13-Feb-2009 18:31
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Price went up and just unloaded 150 lots pretty happy today |
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shahrhi99
Member |
13-Feb-2009 17:01
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any gd news? |
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abc2xyz
Senior |
08-Jan-2009 08:55
Yells: "A stock sucker always enriches the market makers" |
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So those who sold because scared of the 20 to 1 consolidation should be seen buying back. Expect the share price to move up. Cheers. |
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ekekeg
Veteran |
08-Jan-2009 03:32
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By cancelling the consolidation exercise, the directors have done a good favour to all shareholders of the company. At least there is hope for those long standing investors and new shareholders to avoid potential big losses and instead give them an opportunity to look forward to steady capital growth in their investment. I am happy to know about this cancellation, and very thankful to the company for not proceeding. 
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