A consolidation means punters like me have to be wary, lest they try to sell what they don't own!
The company has raised abt 6m and consolidated its shares making them about* 1 at market pricing prior to this.....(-that's 1 share for every 30 held ))
...the huge % rise is nothing more than poor software being incapable of flagging-up a change in share density, with the Mkt Cap being adjusted for the new shares at the new price...etc...

*a couple of days ago they were (mid=3.25pence), therefore a straight-line 30x would make this = 97.0 pence

If current trends continue it'll be a penny stock again by December.

50p now ( early Dec07)...
...but that's what CONsolidation does - it makes Companies "think" they've hit the BIG time, when all they've done is repainted the name......

Most companies consolidate too soon ( their Broker makes some money, I guess), for it needs to be done at a time when the stock is in demand - so each day the sp is even greater....that way the big jump looks like really good news.

If done when the stock is under pressure, the increase allows more folk to "get out" thinking this is the last refuge of scoundrels ( can I say that?)...
which is is!
CONsolidation is nothing other than a CON- since it adds nothing to the value of the business and take Exec time ( and "our" money ), to perpetuate a worthless shuffle. The notion that Institutions sudenly get interested is not worthy of consideration - they know a stinker when they see it...and I'm looking at one right now!

I'm saying this [CEN]Consolidation was badly times ( most are!), for it won't be 2007 that sees any excitement.....indeed, I wonder if there. . . . .

Yeap, looks like this bird is going down.