$MicroAlgo (MLGO.US)$ what’s the difference between share co...
what’s the difference between share consolidation and reverse split?
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thanant : "Share consolidation" and "reverse split" are essentially the same concept but are referred to differently depending on the region or context.
thanant : Asian English uses "consolidation" instead of "reverse split".
AhmadFH OP thanant : Yeah I’m more familiar with consolidation here in Malaysia. Usually it’s a good thing since floating shares reduced and price increases to attract insti, but apparently not the case for US due to the Nasdaq requirement of maintaining shares above $1 makes it seem like an easy way of companies to regain compliance. Thoughts?