RE:1:25 share consolidationAs I explained earlier, it will be very beneficial to the market cap.
It will enable funds etc to acquire shares either directly or thru finanicings.
Analyst coverage is another benefit.
Consolidations are beneficial when there are solid assets supporting the market cap and especially when those assets are barely reflected in the market cap... as is very much the case here.
Now is also a good time for Rpt to sell its gas assets.
Gas prices are moving upwards in Argentina, as demand outstrips declining supply.
Equally important is the New Gas Natural Gas Incentive program. This program provides financial incentives to producers who increase their production of natural gas. Incremental natural gas production above an agreed production decline curve can receive up to $7.50/mcf under the program.