Yes/NO is the answer... It really depends .... consolidation/split rarely goes in the investors favour, IMO
Been involved in a few consolidations and lost money. Take an example like Ten Network (TEN:ASX), plumming down to $0.9 per share very quickly - now slowly building momentum.
Then again, if you are here for the long term and trust the company business direction and strategies then I don’t think you need to worry too much. DYOR.
3DM Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held