Anders, analyst Cathy Moises, of Evans and Partners, who knows...

Anders, analyst Cathy Moises, of Evans and Partners, who knows MOY management well, said two things would likely happen with MOY- a share consolidation, and a capital raising. I think the market was expecting both. Share consolidations, in my experience, don't just happen because thee are "too many shares", but to raise capital, or to do something else- like take over another company, so the new amount of shares is not too many when combined. When a company consolidates, they can start the capital raising cycle anew. Share consolidations usually have the effect of a share price falling- it is just one of those things- the market hates them. Share prices can rise again later, but there would be very few cases of a share price not falling around consolidation time.