"Share price will be 50 x 1.7c = 85c each."
In theory, yes, but in reality - and based on observation of other companies' share consolidations - the SP is more likely to be less than 85c.
(As a wise person said: "In theory there is very little difference between theory and practice; in practice there's a hell of a lot of difference." )
Ann: Consolidation/Split - MGT, page-14
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $26.06M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.5¢ | $7.843K | 30.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 54153 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 9600 | 1 |
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