UNT 0.00% 1.2¢ unith ltd

Ann: Board Appointments, page-30

  1. 4,730 Posts.
    lightbulb Created with Sketch. 1108
    Its a simple mistake and easily made. Split = more shares, whereas consolidation or reverse split = fewer shares.1:10

    Some might say 1 for 10 (hence fewer shares) or some might say 1 to 10 (meaning more shares), in this case 10:1 perhaps wrongly interpreted as 10 to 1. As I say an easy slip or even just a typo, no biggie really.

    so @Leavold , a good analogy: A drunk walks into a pizza shop and orders a $16 pizza. The pizza guy asks "would you like that cut into four pieces or eight pieces"? The drunk thinks for a moment and says "better make that eight, I'm really hungry".

    So, this is a case of a 2:1 split as opposed to a 1:2 consolidation. More slices but the same pizza and price ($16). Four slices at $4 a slice or eight slices at $2 a slice. Hope this helps.
    Last edited by Von Rico: 10/04/21
 
watchlist Created with Sketch. Add UNT (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $14.68M
Open High Low Value Volume
1.3¢ 1.3¢ 1.2¢ $22.02K 1.697M

Buyers (Bids)

No. Vol. Price($)
1 100000 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 1459207 6
View Market Depth
Last trade - 15.18pm 25/06/2024 (20 minute delay) ?
UNT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.