Bensoloni / Dtrader12 Mar 2010 11:44
just to clarify - Inchcape are proposing a share consolidation, issuing 1 for each 10 held. This will reduce by 90% the number of physical shares, back to around 400million, and consequently will increase the value of each of those by a factor of 10, hence the projected £2.50 - £2.80 value