warrior106611 Oct 2016 15:12
I bought into these the day before the announcement and sold ASAP at a 15%. Other simple CONsolidations I have been involved with and observed have all ended the same way........ie nobody interested ......sp drifts lower ..........maybe a couple of placings..........sp still drifts back to original price, but your investment is worth just a fraction due to CON.......company can not raise anymore cash.....last RNS usually reads "company can not afford to maintain AIM listing.......delisting, sp value zero.
The one you mention was more than just the usual t**d polishing and glitter sprinkling exercise.