consolidation

1.3 billion shares already outstanding and another share issue taking them to over 2 billion. I had shares in a mining company and the price jumped up to 2.4 cents which was a doubling of value. Then came the consolidation of 20:1 to give the company more "credibility". I didn't care because 2.4 cents times 20 equals 48 cents. So even though my 200,000 shares dropped to 10,000 my value remained the same right?. Wrong, they opened up after the trading halt at 36 cents, a massive loss. Then the company had a capital raising a week later to cash in on the "higher" share price and I lost heaps. They now trade around 20 cents ( pre consolidation price 1 cent), all within a few months. Beware 2 cent companies with 2 billion shares in existence. Just my experience with penny stocks. I'm not saying they will consolidate but I think it's inevitable. Just some friendly advise. dyor and seek financial advice from a professional before any transactions.