there are previous threads on this so I wont go into details, you can do a search
But simply put if you have 100,000 shares the company consolidates on the basis of a 1 for 10 and so you end up with 10 thousand shares. Theoretically if the shares were valued at 10 cents in the first insatance they would be worth a dollars afterwards
Viney
first broker report has arrived, page-36
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