At the moment there is roughly 2.3 billion shares on issue, if they consolidate at a ratio of 10 to 1 then after dividing 2.3 billion to 10 after consolidation there will be roughly 230 million shares on issue so everyone will have a tenth of what they owned but the price SHOULD be worth ten times more, the percentage of the company owned by each shareholder will be exactly the same, having less shares on issue means if there is a high demand for these shares it can move up pretty quick as the market cap increases in theory it shouldn't make a difference but it does, a higher share price will be more attractive to other investors, in general the price usually drifts back down after a consilidation, in MPJ case it is in a hot sector that still has alot more to go so i believe after comparing it to a few other lithium stocks that the share price will rise especially after drilling starts.
