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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Comment by CrashSurvvivoron Jan 23, 2011 11:46am
121 Views
Post# 18013944

RE: The future .....

RE: The future .....And also wanted to make a note about the share consolidation if it happens. Someone here mentioned Minerfields might dump just before the consolidation to punish CDO and bring the post consolidated share price down. My understanding is the share consolidation is just that. There is no post consolidated price they can set - it is a roll back of the shares only.  The market decides what the price will be after the shares start trading after a consolidation.  No company is allowed to set the price.  The market will decide the post-consolidated price and the new investors will be controlling the market by that point.  I suspect they will not let it slide like some companies do after the consolidation, because of their already large position.
Crash
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