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Financial advisory
RES5Financial Advisory Services✓A share consolidation (reverse split) has which of the following effects?
A consolidation is the opposite of a split: it combines shares into fewer, higher-priced units. It raises no cash and does not change the total value of a holding or the company's market capitalisation.
Confusing a consolidation (fewer, higher-priced shares) with a split (more, lower-priced shares).
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