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10/12/18
11:46
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Originally posted by BigDaniel
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Hi Froggy.
Hano is correct.
The number of shares you have is compressed whilst the sp is amended to reflect, the market cap remains the same.
Eg. 10 shares at $1 value consolidated at 1 for 10. New share value is $10.
Post consolidation process is complete..The sp & market cap will be effected as per normal trading events eg..Announcements, global conditions & general holder sentiment.
If your previous stock took a dive post consolidation I'm sorry to hear that however I'm sure there were extenuating circumstances surrounding that stocks performance.
A consolidation would be a positive for mine.
Dan.
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Did you read my research on consolidation @BigDaniel ?
Do you still think it would be beneficial espeacially with the dilution that will occur on top of it?