Even they fell after, I can see the consolidation on 1st of Decemeber 2020 (1 for 30), still went from 82 cents down to 57 before the huge pop they had in Feb 2021. Im really yet to see one example of a consolidation not leading to lower market cap directly after.
Not looking good for shareholders, it only helps management who will be able to do more cap raises and pay themselves millions in salaries for another decade.
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