RE: Clarity14 May 2020 19:30
After some research my understanding is:
Your total holding will by divided by 10, so in my case..I have almost 60K shares so I will only have 6000 after consolidation. Every 40 shares I had, I can buy 9 shares @ 69p (which is at discounted price) as after consolidation given today’s price, each share worth 1.27p so company allowed shares holders to buy further shares @ 69p. You don’t have to buy but you have an option.