NYSE:IVAN.WS - Post by User
Post by
BearBullBrianon Dec 16, 2013 5:03pm
346 Views
Post# 22011395
More proof of the uselessness of consolidations
More proof of the uselessness of consolidations
Like many share issue before it, and as I wrote here at the time, Ivanhoe will return to the price it was at when the shares consolidated. Companies do this so they can take more money from the share-buying public before they fail. As a general rule consolidation is the first step in a company's decline to zero. Stay tuned.
BBB