Consolidation25 May 2021 19:59
Hi Weser.
Don’t think there is one,I’ve had them from 100/1 to 5/1 so I don’t see there will ever be a normal figure I suspect it depends on the no of shares in issue.
I/E if you have a billion in issue you may go for a low figure,But if you have say 30 billion then they will go for a higher figure.
It is done to make institutions more interested in big value companies
And as I have seen in the past to make some people a lot of money.
GL holders