Consolidation, SP can always go lower than you could ever imagine. ASX is full of penny stocks which have hit bottom, consolidated shares, then hit bottom again. Some repeat this cycle more than once and of course always with a name change prior to relisting after the consolidation.
OGI was GGP is a perfect example there are many more. DMN etc. Infact I think DMN might hold the record for number of name changes and consolidations.
Kat.
QFX Price at posting:
0.2¢ Sentiment: Sell Disclosure: Not Held