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Companies do better after share consolidation

Red Mountain Mining boss Jon Dugdale sparked a minor debate at a recent meeting of investors when he knocked back the idea of consolidating his 1.2 billion shares on issue because of the likely negative impact on the company’s market value.

Companies do better after share consolidation Companies do better after share consolidation Companies do better after share consolidation Companies do better after share consolidation Companies do better after share consolidation

At least theoretically a consolidation or split of shares should have no discernible effect on the total market value of a company.