I agree voncee, I truly don't like consolidations and at the mo'...

I agree voncee, I truly don't like consolidations and at the mo' I can't see any reason to waste brain power or breath on the matter. The winners in the hubble bubble toil and trouble are the brokers.

Having said that, one Richard Henning was with Extract Resources when their shares were 2.2cents. Extract did a 10 for 1 consolidation, so 22cents post consolidation. The sp did diddly squat for quite a while but the company went on a manic drilling spree and the sp rose and rose and yep. My full cost broker suggested I sell at 50 cents, (in retrospect I guess I was hearing your recent advice voncee) I ignored him. My broker urged me to sell at $1.20, $1.40, $1.80. I heard your advice and ignored the self-interest.
I ignored him at $4.20 and again sometime later.
I sold about $9.40.

All that said, I DON'T like consolidations; I have sat on both sides of the equation.
Or beware of what you wish for.