re.consolidation7 Oct 2009 12:28
You're forgetting the small matter of the 7 for 6 rights issue, which is why the price appears to have fallen sharply today. Ignoring the consolidation, the difference between last night's closing price and today's price is accounted for by the fact that holders also now have shares in GFRN (the newly issued nil paid shares) as well as GFRD.