GREY:CHTYF - Post by User
Post by
JimKon Aug 21, 2016 2:02pm
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Post# 25162303
Cosolidation seems inevitable
Cosolidation seems inevitableLong time holder of AOS. Glad to be able to get out as I am tired of watching the BOD do nothing until now.
First order of business, as I see it, after the deal is complete would be to consolidate shares on a 1 new for 5 or 10 old bases to get the o/s number down. A well run company like Marquee should have no trouble selling this.
Personnally, I have never had much luck with share consolidation but I can't see this junior operating with over 400 million shares outstanding which would certainly keep a lid on the share price.
Just my opinion
Jim K