Abterra   

Good Thinking by cancelling Consolidation

any view on this china penny coal play?

 

 

Price went up and just unloaded 150 lots pretty happy today

 

any gd news?

 

So those who sold because scared of the 20 to 1 consolidation should be seen buying back.  Expect the share price to move up.

Cheers.

 

By cancelling the consolidation exercise, the directors have done a good favour to all shareholders of the company.  At least there is hope for those long standing investors and new shareholders to avoid potential big losses and instead give them an opportunity to look forward to steady capital growth in their investment.

I am happy to know about this cancellation, and very thankful to the company for not proceeding.