RE: Consolidation17 Aug 2021 09:59
No I have not been advised nor have I heard that this was going to happen by anyone in the City.
Why I do know is investing houses do not want to buy into companies with 10s of billions of shares then get more billions. Even companies themselves do not like to have huge share numbers and often consolidate themselves. They then give many reasons why they do this and why it is even best to do this.
Consolidations them selves often work out bad. You still have the same stake post consolidation but value always get lost. There will be a 100/1 consolidation soon. In my personal opinion as we speak this consolidation is already being worked on.
I said yesterday this was going sub 2 pence. That was when the shares were 2.75. People did not want to hear it. But here we are we are almost there. Wait until consolidation. 100/1 you would think your shares would be £2.15. More like £180 or less, which equates to 1.8p in only money..
good luck all holders..