I've never understood why a consolidation is so feared??
surely the worth of the company ie the market cap doesn't suddenly change when say 10 shares are converted to 1 new share
I can only see advantages eg gives the company the ability to cancel small holdings - I'm thinking here of this bbf members who only hold a few shares.
what are the actual disadvantages??
am looking for logic here. not emotional responses
Ann: Half Yearly Report, page-5
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1.2¢ |
Change
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Mkt cap ! $32.04M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $40.89K | 3.385M |
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| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1525668 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1052734 | 3 |
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