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Skeena is consolidating shares 4 to 1 and looking to list on US exchange. I am still riding this one. Just would like your thoughts going forward.

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Asked on June 6, 2021 10:35 am
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Hey there,

Thoughts haven't really changed from when I talked about it last week. Doing a share consolidation means nothing in the grand scheme of things - does not impact the fundamental value of the company. Anecdotally however, the last few to consolidate for the purpose of listing in teh US haven't really worked out all that well. Thinking of recent consolidations by SCR, BRAG, HITI - didn't really work out of them.

Ultimately though, it has zero impact on the fundamental value of the company.

Mat

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Posted by Mathieu Litalien
Answered on June 6, 2021 5:53 pm
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