Consolidation29 Oct 2021 13:14
A few have mentioned the possibility of consolidation..
Each to their own, but I am not a fan as been badly burned when companies I have been invested I a couple of times in the past.
Its not a cheap process either, far from it.
Not wanting to, but if we did consolidate I would look at the possibility of selling up just before and looking to buy back on a retrace. Admittedly that ploy that could end up with disastrous consequences for my hip pocket.
Always worth considering that should a company consolidate or not the MCap stays the same.
The certain winner is the institution that charges a fortune to underwrite the new shares.
There are pros and cons for sure.
But not for me.
No way Hosea