Consolidation17 May 2022 16:51
Long term investor in AV for the dividends. Getting very confused regarding the consolidation and share buyback.
Normally after a consolidation the share price rises so the holding has the same value. Here it appears to have stayed the same and my £2000 plus has turned into loss of £5000. If I use the b share funds to reinvest my holding returns to a similar value. If this is the case it appears no funds have actually been returned to shareholders.
Help please, am i missing something?