MRG 0.00% 24.5¢ murray river organics group limited

Ann: Consolidation/Split - MRG, page-2

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  1. 11,044 Posts.
    lightbulb Created with Sketch. 843
    Don't mind this at all

    Overview from my Sums, stand to be corrected

    - 50 / 1 consolidation split
    - Example 500,000 shares currently would convert to = 10,000 shares
    - Consolidation Share Price @ current SP of 0.012 is equal to 0.60 cents
    - 2,205,740 current SOI would convert to = 44,114,814 SOI Post split

    Having a 50/ 1 split, would make shareholders who believe here, would buy more shares on Market imo

    Think they are taking a leaf out of PFT here = PFT Chaser......
    Last edited by Key Sole: 26/10/20
 
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