GREY:NEVDQ - Post by User
Comment by
Notgnuon Apr 23, 2021 12:51pm
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Post# 33055687
RE:RE:RE:Endless supply of shares....on offer of course
RE:RE:RE:Endless supply of shares....on offer of courseGoldanalyst... IMHO it is the dollar / volume amount relative to long run average trading and relative to market and enterprisie value that matters more.
I agree on the consolidation in that the higher dollars share price acts functionally to allow margin and to allow weird archaic rules that institions have about buying "penny stock" to be overcome and the higher price also act psychologically on some investors who cannot seem to grasp concepts like Enterprise Value and Market CApitalization.
Regards,
N.
goldanalyst wrote: My point was actually that I hope we see a rollback come their next general meeting....too many shares out there....a 20-1 consolidation would do wonders for the share price