Consolidation20 Dec 2019 07:58
I never like consolidation of shares, It's not so bad if a share gets consolidated say by 10 from a 1p share to a 10p share but when a share like cwd gets consolidated by 50 to 1 and the shares are NOT 50p shares but then 49p is ditched and they still stay as a1p share but as a say £2.48 or a £3.50 sp price, somethings very wrong.
You can buy many ftse 100 companies like M&S, Barclays, BT, Legeal &G etc all with stability profit divi's for a better price.In my view once this goes post consolidation the sp will start to drop big time, but hey what do I know I guess we will only find out at the end of December.