Hi newriver, what you have said is what I believe and is clearly...

Hi newriver, what you have said is what I believe and is clearly the logical process but in this case, the SP was at 4.7c at mid-November and the price at the end of December was 4.4c.

In between those dates was the 15:1 consolidation and the finalisation of it with no other SP sensitive news released.

So surely, based on our mutally agreed logic, the SP should have been somewhere north of 60c post consolidation, not floating around the mid 4c?

Even if the market sentiment shifted and decided to destroy the stock during that period (which should be represented by larger than normal volume trading, which did not occur) then we would at least see the SP spike to close to 60c and then quickly drop.... but no.