Yeah I saw that. Something along the lines with "with all these shares floating around, you'll have to do a consolidation".
Every now and then we have a particular poster on here banging the consolidation drum. But can someone please explain to me what a consolidation achieves because I just don't get it.
I mean, do a 10-1 consolidation, we now have 10 times less shares floating around, share price is 10 times bigger, market cap is the same, our shares are worth the same. What has it achieved? I'm definitely missing something here.
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