bought shares of Crossing, Inc. in two batches as follows: June 10, 2021  - 2,000 shares at P100 December 5, 2021 - 3,000 shares at P120 Shangrila designated the Crossing shares as At Fair Value through Other Comprehensive Income. The Crossing shares were quoted at PI25 on December 31, 2021. The following were the transactions for 2022: March 10: Received cash dividend at P10 per share June 20: Received 20% bonus issue. Shares sell at P120 after the bonus issue. December 10: Sold 3,000 shares at P120 per share (coming from the December 5, 2021 lot).  T

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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.