Aston Bay Holdings Ltd V.BAY

Consolidation 4 to 1

[Fishercat1]

Well tighten up the ship before it sails on assays and money coming to drill Virginia/Buckingham. Takes money to make money. Know where near the 50/1 25/1 we was seeing from  Patrick  since last year I might add . Yup long Bay . Cheers.

[Kaisercal]

Well this is not good! In my experience stocks always sell off big with consolidations, market seems to look at them unfavourably. Every stock I've ever held during consolidation I always wished I'd sold at consolidation because I can't think of one of them that ever recovered afterwards. If assays coming are expected to be good then why do a consolidation now? And why do a pp now

[Kaisercal]

.15 cents post consolidation pp? So looks like pre consolidated .0375 cents? I expect there to be lots of selling the next while but I could be wrong! Stranger things have happened! 

[jeep91]

Past history would agree with you.....there have been exceptions to companies that I have owned but they were on the US side.  For the most part Consolidations are bad news. It's an illusion to make the stock look more valuable while in reality nothing fundamentally has changed. Total BS. Management is completely out tof the loop as to the historical results of consolidations. They rarely

[woundedknee]

Jeep, the timing of this is the one thing I can't agree with. In my view management should have waited until after drill results. If they were good our stock would probably have acted positve and consolidation would be less dilutive. Also Jeep, you are acting as if this is the death knoll of Bay. It is not, far from it. Consolidations from failing companies just prolong the inevitable, I agree

[racetrk6]

I like the fact that Management will be participating in the raise.  They know there are good results here so they are filling up their pockets before things really start to happen. And as you know , its hard to sell companies or properties to be put in production if they are pennys.  At least if it moves into the 20s or 30s it makes it look more reasonable.

[jeep91]

There is some logic in what you have writen......as usual the passage of time will show how this plays out. I am in the green with this company at this point so any drop if not preciptious, would just get me back even.

[Fishercat1]

Agreed WD . Short term pain for long term gain . But Bay has some great propects and even at 20% later this year some big bucks can be made. We Are talking 20% of potential billions . And yes a Royalty . Lets see who the assays play out and with a tight ship Sp will react and Bay st cant play as no big float to manipulate . Right read the email longs. Takes money to make money and we all knew

[Patrick2Linton]

So now its ok to admit Aston has a 20% interest in Storm? LMAO. You have been sucking in people to believe the "till all obligations are met" line. LMAO. Check you inbox mate! Yup. Humm. Cheers mate.

[Kaisercal]

You forgot to "Grinnnn" hahaha 

[Patrick2Linton]

This post has been removed in accordance with Community Policy

[Fishercat1]

What part of later this year dont you understand P?.We are going to do fine . Peanuts sold trying to get a panic sell going . Assays will fix that and and soon . Spam on as we know Sh does nothing about you basher  boys. Long Bay.