Post by
Clarifier on Apr 22, 2021 1:01pm
The only thing i ask of management...
Is not to please please jump on the rush to list in the US bandwagon. If you are not familiar with how that story goes then please visit NOU. Stock hit 2.5, drifted back to 2 then bam management talks about listing and doing a share consolidation. They consolidate to 20$ on a 10 to 1 and now they trade around 13. I will dump my entire load (sorry that sounded horrible) if CRE even hints at doing this. NOU is even ahead of us and they fell like a rock. Just saying.
Comment by
HuntNGather on Apr 22, 2021 1:58pm
Totally agree with that. Unless you have a rapid succession of REAL TANGIBLE NEWS pieces to go along with any consolidation, even if it is to make your stock look bulkier to the US eyes, then you will puff up and drift down to a discount level. It is a very sad and predictable pattern. I too will be gone with my bundle if that sort of rookie mistake is made.