RE: News! TVI Pacific Receives Balabag Scoping Stu
My opinion is it would be very , very , very stupid to roll back even 5 to 1 shares. Anyone who thinks this would help is just ........ Inexperienced.
In the future when mines are rolling TVI can buy back shares to lower the number of outstanding shares.
Take a look at what happens to companies that consolidate their share (reverse split for those who term it that way). Absolutely nothing good happens for shareholders.
More time will help this company, not stupidity.
R.