GREY:ATBPF - Post by User
Post by
Yellowknifer69on Aug 21, 2020 9:30am
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Post# 31437627
AGM
AGMHello and good morning ATE Longs:
First off, hope that you all have had time to de-escalate and enjoy some summer!
Well the AGM was more of a nothing burger to me but I did note that the option to consolidate shares was approved. I n my opinion, I would suspect that any share consolidation would only take place once they have increased their market cap and the current share price.
We all know that traditionally, reverse splits do not really work to generate interest and new investment in a company. So it is not likely they are going to do this prior to conclusion of Phase 3.
Which incidently, it would be good to get an update on where things are at.
So it looks like we wait it out until at least year's end before the next meaningful rise in SP.
Stay long boys, at least the shorters and bashers have taken a bit of break too! LoL
Yellowknifer