Reflexive cheer leading loses credibility, imo.
It is in the company's interest for the share price to be higher. The shares are the company's currency for acquisitions, cash, etc. The higher the share price, the lower the capital cost. This is vitally important until the company is cash flow positive.
So, yes, the company does not look at the share price day to day.
But if they issue new shares every month, they would be crazy not to care month to month.
Whether this is a "long term consolidation" is a matter of perception. But even granted that it is, the conclusion that the longer it lasts means the higher the share price will go is conjecture or semantics, imo.
I believe we are seeing the supply demand for shares now dominantly influenced by excessive share issuance in the later part of 2012. If there is similar issuance in 2013 that "long term consolidation" may well last another year, plus.
If the FN listing happens (to increase demand for shares) and a bond deal or higher share price (to limit supply) happen in the next couple months, the dynamic should shift for the better, so shares rise, irrespective of any consolidation, again imo.
