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@Singed fingers, you need to reassess. You seem to be saying...

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    @Singed fingers, you need to reassess.

    You seem to be saying that because consolidation will on average cause MC to fall, it's necessarily baaaaaaad. That is a naive view, and one which does not stand up to a basic logical review. If you were right, then equally, boards would be negligent in not splitting their capital ad infinitum. Why? Because splitting, on average, causes an increase in MC, ergo (applying your view) OMG OMG OMG every board should be doing it relentlessly!!

    Blind Freddy thus thinks the most ill-considered thing around here is your opinion.
 
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