stocks just dont tend to go from 8c to 2.40 for no good reason...

stocks just dont tend to go from 8c to 2.40 for no good reason and especially they tend not to if they have 700 mill shares on issue...that would be a market cap of $1.8 billion. A consolidation does not make a blind bit of difference to a stock unless it has nothing to back itself up.
DIO has plenty of exploration upside, but most importantly it has production and cashflow coming from the end of October. This protects the downside, provides cash for further exploration and therefore very probable future exploration success without having to go back to the market for more money.
Who care whether its consolidated or not...if the story is good the share price will go up AND by the same amount asif it wasn't consolidated.
I wish the day traders all the best of luck, but if they dont want to be in DIO then they should vote with their feet and go to some other penny dreadful.