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TSX:NFC - Post by User

Bullboard Posts
Post by venbuyon Oct 24, 2005 9:08pm
328 Views
Post# 9760436

Vic stumbled for a reason

Vic stumbled for a reasonMy friend who accompanied me to the annual meeting this year reminded me of what Vic had said during the question period. Vic intimated that it will be the right scenario to keep the price of the shares low until the consolidation takes place. This will enable the share price to maintain stability without slipping back. Of course this cannot be guaranteed. Vic has made it known that he is aware that many companies had suffered share price retreats at time of consolidation and he suggests that it is prudent to make the consolidation happen where there is value for the shares. It appears Vic's direction is on course with the consolidation happening with in weeks. The big question is; will the consolidation be one new share for every 100. My guess is that it will be one new share for 50 old shares. Personally, I have to agree with FB19, .015 cents is the right price for buying more shares.
Bullboard Posts