GFS 0.00% 0.2¢ gasfields limited

Possibly a stupid question, but I always thought consolidation...

  1. 86 Posts.
    Possibly a stupid question, but I always thought consolidation was a bad thing for holders? From what I've seen when shares are consolidated they usually end up being worth a bit less, for example in the 10/1 consolidation you're suggesting that would take each share to 2c each after consolidation however in reality it usually ends up being approx 1.6c.
    Haven't had any of my Holdings consolidated yet and I'm new to trading so any insight would be greatly appreciated.
 
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Currently unlisted public company.

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