RE: Takeover29 Oct 2021 11:39
Good morning Stach,
I am not sure I can entirely agree with your logic. A large number of shares indicates a fledgling company having to rely on placings to fund their progress and not necessarily "troubled".
I also do not think that PH appearing on the scene is for the simplistic reasons of Takeover or placing although I freely acknowledge that either one of these actions is possible. I also think they will provide access to Institutional Investors and a wider client base bringing more liquidity to the stock.
Consolidation is an old chestnut when, in reality, it does not alter the marketcap of the company. For example, 10:1 means that the number of shares in existence will be divided by 10 but the sp will be multiplied by 10. Either way any takeover would have to deal with the same number of shareholders.
Just my tenpenneth worth and hoping that this provides a bit of a broader perspective.