SOM 7.59% 36.5¢ somnomed limited

imo when a share consolidation occurs it generally causes a...

  1. 2,593 Posts.

    imo when a share consolidation occurs it generally causes a period where the share struggles for traction to maintain the higher share price.

    This is all psychological based on the share now costing more to purchase even though the m/cap of the company hasn't changed. Once it regains traction off it goes.

    When the reverse happens ie a company has a share split to increase liquidity - the price usually takes off because the price is cheaper then it was before the share split and psychologically punters think on some level they are getting a bargain.

    The above makes no logical sense but investors/traders are seldom logical in there decisions.
 
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