Share Price19 Aug 2008 13:49
The Consolidation was expected to bring a degree of price trimming, which may offer buying opportunities for some. I believe the Coy. planned to do it at a "suitable" time with guidance from their advisors, so I expect the update next month will be good and hopefully we will see some Director buying activity before the year end to mitigate any negatives associated with the consolidation. Overall it has to be the right decision, although I suspect Scotty isn't on many Instituitional Investors radar whatever the price given its current market capitalisation.