Daisy Corp. recently completed a 2-for-1 stock split.  Before the split, the company had 10,000,000 shares outstanding and its stock price was P150 per share.  After the split, the total market value of the company’s stock equaled P1.5 billion.  The total share capital balance of Daisy Corp. is P350,000,000. 1. What was the price of the company’s stock following the stock split? 2. Determine the new par value of each share.

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.