GREY:NEVDQ - Post by User
Post by
Notgnuon Apr 19, 2021 1:01pm
150 Views
Post# 33022489
Share consolidation gambit >>> 20:1 >>>?
Share consolidation gambit >>> 20:1 >>>? How many potential NCU buyers are there who are waiting for the shares to consolidate before buying?
Obviously it is impossible to know how many 'watch lists' have NCU on them but I think it is reasonable to expect that some buyers hope for a price drop upon consollidation. This may happen but I doubt it.There will be some, probably larger fund buyers, currently restricted from buying "penny stocks" who will be able to start buying.
The consollidation will, almost without doubt, be minimum 10:1. Personally I would rather see 20:1 or more (50:1 is fine with me.)
I addition to new institutional buyers, the small investors like myself and many other's here, will be able to obtain margin to buy more shares. I for one will double down on my holdings, assuming that anything near (my assesment) of today's price to value ratio remains.
All will be well.
Cheers,
Notgnu