RE: Consolidation Means to me31 Mar 2021 12:18
Sounds a good analysis.
Iv seen 2 forms of consolidation, the 1st one being very manipulative and is done to generate false interest.
The 2nd is where a company says we are looking good and need to be taken seriously.
The subsidiary in the USA is a huge position to take and surely was set up knowing a decent sized order is going to be made by doing this. So to me this looks a very genuine consolidation and will pay substantial returns to the share holders.
I'm no expert but that's what my eyes see