You really don't understand the consolidation. Let me explain.
After consolidation you will have 1 share for every 100 you own right now.
The share price will increase 100 times post consolidation.
If your break even is 1.2cents right now, it will become $1.20 post consolidation.
The percentage increase from 0.4c to 1.2c is 200% (pre consolidation)
The percentage increase from 40c to $1.20 is 200% (post consolidation)
What that means is you are no worse off, no matter what price you bought in at. You are exactly the same. It will just allow the share price to trade at a better BUY/SELL spread, which is good for liquidity.
EGO Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
