TSXV:NS.RT - Post by User
Post by
RockLobster1on Sep 15, 2021 1:07am
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Post# 33860151
Consolidation
Consolidation
there are 2 kinds... Most common it's penny stocks that have diluted so much they need to roll back just to keep raising money and stay alive. Second is when they have a plan to get into a higher level of company like we have here. They want to get to the size and price that institutions and funds want. This can lead to a higher valuation if t successful. So I think the consolidation is good in this case.