I have to disagree with you on this one LaVita. The value of your shares is reduced. I.e. what they're currently worth.
For Example: Before consolidation if you have 8 million shares & SP climbs to $1 your shares are worth $8,000,000. After consolidation you have 800,000 shares & SP climbs to $1 your shares are worth $800,000. You have effectively lost $7,200,000.
Nobody would want that for their investment & nobody would be happy for this to happen.
Ann: Notice of General Meeting/Proxy Form, page-48
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