MPO molopo energy limited

after the vote, page-20

  1. 24,386 Posts.
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    Noellyn, Starman, et all,

    Just to tell you that 2 of my holdings, just went through some form of consolidation. They are:

    1) CSL. It reach a sp prior tyo the split, of well over the $100 mark. They split the shares into 3 shares for 1 and, now the price of them is at about $33.00.

    2) HGI. They were about $4.00 or thereabout before consolidation. We received 4 new shares for every 5 held. The Board changed the face value of the shares from 10p to 12.5p so, they said, we shouldn't loose anything.
    Yeahhh, we all know that don't we.
    The price of the new shares is currently at about $3.80.
    Yes we did get a special dividend of about 60 p's or so but, if you add that up, we are out of pocket.

    I can stand correcting if I am wrong.

    Food for thoughts........Buddy
 
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