nosirommit,
What follows is some speculation re the consolidation.
1. It puts OZL on the radar of o/seas buyers. (They tend to keep to the shares with large market caps and a share price that is not a "penny dreadful")
2. It helps to "tighten" up the share register. Those that have small parcels now may sell out. This reduces the cost of maintaining the share register
If others can think of reasons, pls add.
HT1
long trend down, page-18
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