I agree. Consolidation at a low share price usually leads to a lower price. The share price has reached a low due to market perception
and consolidation without good news to cause a surge in price just gives the new "consolidated" shares more room to drop. I have shares with an average price (after a huge consolidation) of $63.16 now trading at $0.03....and people think APG is a poor return!
Ann: Third Quarter Cashflow Report-APG.AX, page-28
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