Itsagas,Sometimes Consolidations work for quality...

Itsagas,
Sometimes Consolidations work for quality companies.
Newcrest did it because no one took them seriously in the international markets, it does seem to have been beneficial, but i am still wondering if the share price would be higher in percentage terms if they had not consolidated, given that the gold price seems to have been the main driver in Newcrests fortunes since.
St Barbera are now less than half the price pre consolidationand they did it for similar reasons, because the US institutions were prohibited from investing in stocks under a certain price, so it hasnt worked for them

As for ANP, history shows that poor performing stocks usually head south after consolidation
Anyways i was just putting a senario out there, and as another poster mentioned, consolidations can end up being very lucrative to those closely connected to the company, where the addage of the flow from the weak to the strong comes to mind