Listed company : Consolidation of Shares

If the Listed company has 2500 shares , trading in the stock market at 16/- , Face Value is 2/- and if the face value revised to 10/- through consolidation of shares.

How many shares will be issued to existing share holders and what will be the market price ?
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Quick Summary
This discussion explores share consolidation for a listed company. It uses an example of 2500 shares trading at 16/- with a 2/- face value. The scenario involves revising the face value to 10/- through consolidation. The key questions addressed are how many new shares existing shareholders will receive and what the adjusted market price will be after this corporate action.

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