Share
3,542 Posts.
lightbulb Created with Sketch. 133
clock Created with Sketch.
07/03/18
15:20
Share
Originally posted by brear
↑
Nearly 800m shares on issue. Is it possible a consolidation is around the corner?
If the share price were to double to 16-17c that would make NUH a $100m+ company. Plenty of good work with developing sales channels globally, however not sure about the valuation and the companies ability to get more institutional investors on board at current share issue levels IMO.
Expand
On what basis and/or history do you suggest that a company will just randomly do a consolidation at 800m shares?
On what basis and/or history do you suggest that institutional investors wont buy in to a company with 800m shares?
I think a bit of research will suggest both of these statements have no founding.