Post by
nozzpack on Dec 11, 2021 6:56pm
Share Consolidation Will make You Money
As I said late this week, if you have good fundamentals , share consolidation of a heavily diluted stock will be beneficial to your investment.
Take Surge Energy for example .
It consolidated 1 for 8.5 at $0.43 per share .
Post consolidation, equivalently, it should be trading about $3.75.
Instead, it's trading at $4.27 per share.
Consolidation makes the shares much harder to buy .
They also bring aboard institutional investors who know how to move the share price .
So buy when the flock sells at 4 cents or less