What consolidation means for shareholders
Consolidation of shares is kind of a desperation move. It means trouble for shareholders, only management gains anything. Consolidation keeps the company going and keeps pay cheques flowing for managment. Shareholders get shafted.
The market views consolidation as a failure of management. Consolidation puts a stink on a company that never goes away. It lingers forever and means that the general investing public avoids such investment oppportunities.
Consolidation of shares is basically a sign of hopelesssness. It guarantees more pain and frustration and a dim future. Very dim. Even bleach and disinfectant will NOT provide a recovery.