Consolidated does NOT Mean you lose money.
If a shareholder currently has 3,240,000 shares representing approximately 0.1 percent of the Company’s issued capital, then after the share consolidation is implemented, the shareholder will have 324,000 shares following the consolidation, still representing the same 0.1 percent of the Company’s issued capital.
7.02 shares are currently worth 10.5c
After consolidation
1 share will be worth 10.5c
The amount of shares change but so does the value of each share
Ann: Acquisition Update - Falcon to acquire 100% of Robo 3D-FCN.AX, page-5
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