Am I correct in saying that the only ones to benefit from a consolidation are people who have bought in at or lower than todays price? The way I see it is, those that bought in above these prices are in for a big loss.
Example:
100,000 bought @ 0.30¢ = $30,000
Consolidation 100,000 / 10 = 10,000 @0.50¢ = $5,000
Generating a loss of $25,000
Please correct me if I am wrong?
consolidation, page-27
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