Theory collides with reality in vexed question of share consolidations

RESOURCE sector shareholders have typically been very wary of share consolidations, fearful the initiative aimed at “creating a more efficient capital structure” ends up destroying value rather than helping save it.

Theory collides with reality in vexed question of share consolidations Theory collides with reality in vexed question of share consolidations Theory collides with reality in vexed question of share consolidations Theory collides with reality in vexed question of share consolidations Theory collides with reality in vexed question of share consolidations

However, in reality it's a vexed question if ever there was one.

White Cliff Minerals became one of the latest juniors to wind back its capital structure with its eye watering 3.