CMY 0.00% 0.5¢ capital mining limited

my commsec not updating from cmyda to cmy?, page-12

  1. 1,118 Posts.
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    Cricky...I'll try this one more time.
    Your original 10,000 CMY converted to 1,000 CMYDA (these were delayed settlement shares waiting for the
    completion of the consolidation). The CMYDA shares became CMY after the consolidation was complete. You
    now have 1,000 CMY after the consolidation at 1:10 but your original total cost price is the same. This means the
    cost price per share is 10X the original price paid so if you originally paid $0.002 your new cost base would be
    $0.02. The shares before consolidation had been down to $0.001 which would equate to $0.01 after the consolidation.
    They are now at $0.02 so have doubled since consolidation. You have 1/10 the number of shares but they are worth 10X
    as much. If you haven't sold you are now better off than a month ago.
 
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