Consolidation effect on share price20 Apr 2010 11:43
I was well into INCH at 40p before the rights issue last year. Took my full allocation at 6p then and topped up a little more at 11p. So far, with the share price bouncing around at 30p Im quite happy, and always thought this share could concievably hit mid to late 40p's later this year, especially since the company has shed its debt. However, I am less confident that the share could go from £3.00 to £4.50/4.60 in the same time frame. I may well be wrong, but I guess the bigger share price might attract the bigger investors, but without a dividend anytime soon might it hurt our position? I am not a huge holder, but its enough to start to ask the question.