I am not a fan of consolidation, it generally results in...

I am not a fan of consolidation, it generally results in retail/smaller holders loosing out to (as sachz calls them) " the big boys" , really means those at the top end of the company.

In GXY case, Directors are issuing millions of shares POST consolidation, which result in exactly what I said above.

If they want to "grab a fist full of dollars" for their efforts, then fair enough, BUT, lock it into GXY achieving a share price of $4.00 post consolidation.