I agree it is relevant to discuss past events. Your post made me imagine a share price of around $130 after a 100 to one consolidation.
So far as I can see the consolidation in late 2011 was 10 to 1, not 100 to 1. The share price did seem to be over $1 from time to time prior, but never went close to the $10 a 10 to 1 consolidation implies ... it was around $2.40 after the consolidation.
$2.40 is a lot more than .40, I agree, but also a lot less than $100.
I am just interested. Please let me know if I wrong.
$40 cents club, page-1110
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