RE: Long term investors in Sareum have the power - for now.....7 Feb 2022 08:47
There is a risk to Sareum even if the consolidation wasn’t taking place.
I don’t get all the handwringing on here as it is straightforward news and logic which will dictate events and the sp.
If you think consolidation is a bad thing then sell now as it is illogical to hold. If not, then hold for news.
Presumably, we are all here awaiting news flow which is why we invested in the first place. The BoD do not control the sp only the news flow that affects the sp and they cannot - and will not - make things up to appease individual shareholders.
The consolidation was flagged in December so no surprise. Investors could have sold out at 9p+ not so long ago but didn’t. The psychological twins of fear and greed are very apparent