RE: This is new for me..2 Mar 2022 11:23
So, if they remove 125 of your shares, through the consolidation, the sp will need to consolidate at £5.33 otherwise the value of your holding will be worth less than it was originally. Let's assume £4 as an SP.
Pre consol: your 500 shares * £4 = £2000 value
Post consol : (your pre value of £2000) / 375 shares = £5.33
So in this example any SP less than £5.33 Post consol means that the overall value of your holding plus your return of funds, to share holders, may be less than what was first envisaged. I wait to be corrected if i'm missing something from the bigger picture.GLA