Share Price Holds StrongNews came yesterday at the close of a share consolidation and a PP. In most cases companies are forced to consolidate or roll back shares in order to bring the share price up to a level that they can recapitalize the company or survive. In this case the consolidation is part of an all emcompassing strategy to grow the company.
Congratulations to Sam Spring, CEO of Kincora, for navigating the company through a particularly brutal downturn to this point in time where the future looks very bright.
Chip