I have never quite understood peoples fascination of share consolidations. The MC is still the same at 30c or if you consolidate 10-1 resulting in a SP of $3.
If anything, each pip percentage increase is larger from a lower SP.
Look at the Tesla share split a few months back. SP has flown since then. "Feels" like people are getting shares cheaper.
Consolidation to me would have the opposite effect you want as a shareholder. It's all about Market Cap.
I have never quite understood peoples fascination of share...
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