RE:RE:RE:Do we really need stock split 2:1 ???it cleary says what type of action it is.
Its a 2:1 consolidation, the symbol ":" indicates a ratio which is a relationship between two amounts
So for every 2 shares the relationship is now 1.
Consolidation mean to group , so 2 shares are now 1.
So 1000 shares are now 500.
This is good beacuse it reduces the overall number or shares trading or what is known as " the share float"
Good luck