hi amdweb, im not too experianced with these sort of things as well but how i take it is that if a company is progressing well and there is high chance of growth which in this case there is than a consolidation is good.
Nsl want to consolidate 1:5 @ 20c, which is 4c ... so i take it that 4c is the price nsl will be trading at until this is passed.
so you own 1,000,000 shares after consolidation you will own
200,000 @ 20c which is the same cost amount.
The only time where this is bad ( consolidation) imo is where a company isnt moving forard and there is so much shares on issue that they consolidate... that is risky to be part of as after consolidation the share price can drop dramatically.
One major advantage of this consolidation is future capital raisings... nsl will be able to raise more cash if need be and dilute at a minimum, which in any case there shouldnt be any major dilutions given their path.
I am for the consolidation given nsl's business model sticks.
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