As for Directors not worrying about small investors, they collect fees from the company to improve the value of that company.
They are there to look after the interest of the shareholders and it doesn't matter what percentage it is.
I brought into this company based on the number of shares on issue at that time, I didn't agree with consolidation but as usual the big boys run the company.
The number of shares on issue do not hinder the running of the company, so the only ones to benefit from consolidation are the big shareholders who once consolidation occurs push down the price and scare the small holder into selling. Once this has happened the SP is allowed to run higher if the company is any good. So maybe you are one of the big boys or maybe you don't care about the small investors.
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