RE: RE: RE: RE: Reverse Split in many cases share price goes lower after consolidation, however it depends on timing. If news and financing are done the right way after consolidation, then price can move much higher.
Take a look at Alpha Minerals (formerly known as ESO uranium) 2 cents before 1 for 10 consolidation, then after consolidation share price went from 20 cents to $2 and it keeps going higher