Sorry yes my mistake if this was a standard consolidation your 10k would still be 10k you would just own less shares that are worth more per share. If you bought 10k worth of stock on the last day of trading you would now have 7% of that as 93% went to creditors. Meaning $9300 loss from last day of trading now holding $700 equity? The consolidation from 2 bil shares to 7 Mil has no effect on your holdings valuation. Apple splits all the time it has no effect on capital
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Sorry yes my mistake if this was a standard consolidation your...
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