GML 0.00% 2.4¢ gateway mining limited

Ann: Completion of Unmarketable Parcels Buy-Back, page-16

  1. 655 Posts.
    lightbulb Created with Sketch. 775
    everything remains the same in the same proportions including future moves in the company value.

    if the value of the company goes up by 10% say from a market cap of 60m to 66m then the SP move would be 3c to 3.3c pre consolidation or 30 to 33c post consolidation.

    your 200000 shares would add 200000 x .003 or $600 and post consolidation your 20000 shares would add 20000 x .03 being also $600

    Hope that turns the light bulb on for you.

    all the best
 
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