BCB just announced a 1-for-100 share consolidation, meaning for...

BCB just announced a 1-for-100 share consolidation, meaning for every 100 shares you own, you’ll get 1 new share. No change in total value, just fewer shares in circulation and a higher price per share.
Right now, the stock is sitting at A$0.006, so after the consolidation, it should theoretically jump to A$0.60, but obviously, that doesn’t mean the company is suddenly worth more.
Looks like they’re trying to clean up the share structure and maybe attract bigger investors, but consolidations can go either way. Some stocks benefit, others keep sliding.
Only time will tell if this ends up being the start of a bullish move, or just shifting the deck chairs…