ODN 0.00% 0.0¢ odin energy limited

Ann: Consolidation/Split - ODN-ODN.AX, page-22

  1. 2,863 Posts.
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    No. Your mathematics is terrible

    $3338 / 0.015 = 222,553 shares held.
    That means currently those 222,553 shares are worth $2226 (so you've already lost $1112 since buyin)

    After consol:
    222,553 / 35 = 6359 shares held
    6359 x 0.35 = $2226

    $3338 - $2226 = $1112 lost. Exactly the same as now.
 
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