Post by
jeep91 on May 18, 2024 8:40am
Consolidation......
1 for 10 becomming efective May 24 I believe. Don't like consolidations.....IFR, TUF, and others did it and the share price dropped in half or worse right after the consolidation. Don't know these supposed intelligent CEO's figure that dropping the share base abd subsequently increasing tha sharre price actually adds any kind of value. It's like putting lipstick on a pig. It's still a pig. That is just an illustration...I am not calling this company a pig.....they have good properties and prospects especially with POG approaching $ 2,500.00. But to increase the price of the shares by dropping the O/S is a phony move. Nothing changes as to value in the company. It's an illusion.