Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
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Just like a share split, the charts and all the historical information is adjusted to reflect the change.They consolidate to lift the share price, it makes the company look like it is doing better and also some larger investment companies only buy into shares above a minimum entry price.
Also for the casual observer, the consolidation doesn't show up, so wow last time I looked they were only x now they are triple that. lol
eg, after a consolidation you don’t see the price rise in the chart, the charts are adjusted.