I'm under the assumption, The value is currently 1 cent per...

I'm under the assumption,

The value is currently 1 cent per share,

Value doesn't change that's what the market decides period,

"The value of Mr/Mrs X shareholdings in view of the proportionately higher share price, remains the same before and after the exercise."

The Market Cap before the consolidation was 5.63M, so discounting any new share issues, etc, which i haven't even bothered to look at,

The Market Cap is more like 1.7M.

You now own 1 share for every 35 you did own, your value on paper has plummeted before the shares are trading again.