EVO - Evolve Education

[Balance]

A bit of haircut with the share consolidation ?

or just an exercise to firm things up for some further Cap Raises at a more respectable ticket price ?

or even dishing out shares for further acquisitions ?

NZers are getting used to 'high' share prices - witness FPH, MFT, ATM, EBO, DGL etc etc?

In the old days, investors eagerly lapped up share spilts and there were hardly any stock trading above $3.00.

These days, only the dogs (especially the back doored ones) like CRP go for penny stock status.

[turnip]

The consolidation should help reduce the spread on the ASX. A 0.5 cent tick is about 3% of current price, after consolidation it would be less than 0.5%.

[golden city]

I think the management is prepare evo as growth dividends stock. As after consolidation it make easier for people to see eps and get more attractive to funds and institutions

[whatsup]

Share consolidation notice, why is this necessary ?

[nztx]

Seems to be some negative real SP growth coming out of this ? - Does market no like or just some minor indigestion coming
out of other markets falling ?

Still Negative NTA even on reduced shares -- a bit like no matter how it's polished, it still looks ..

Wipe out the pile of Intangibles & other Invisibles on the books & there is Negative SHF

[DDog]

And back it goes up

[Greekwatchdog]

Closed on ASX @ 0.18 with 1.36m shares traded.

[golden city]

This baby will fly

[nztx]

depends on whether the punters think 'this baby' reinvented & consolidated is worth $1.44 or so ..

North of $1 post-consolidation -- SP sagging sometimes is seen

Around 50c up to $1 SP gradually enhancing is seen sometimes (less resistance under a buck)

but who knows - perhaps the 1:8 consolidation was too harsh even ?

time will tell

[golden city]

My target is no less than 3 dollar next year