Surprisingly there doesn’t seem to be a thread already for this great little wealth creator.
From last year’s AGM presentation
At this year’s AGM they will be putting forward a proposal to split the shares 10 for 1Firstly liquidity – as an investor said to me recently, “If shareholders are concerned
about getting in because there’s insufficient liquidity to get out, they aren’t the sort
of shareholders you want.” Another said “there’s just not an opportunity to get set”.
Interesting perspectives! Unfortunately there isn’t much we can do about liquidity.
We have 15.4 million shares on issue and given we have focused primarily on
organic growth, this capital structure is not easily changed.
If nothing else maybe the added liquidity will help raise this company’s profile.
Anybody have any thoughts for or against the split.