IHL 0.00% 4.1¢ incannex healthcare limited

Ann: IHL Intends to Redomicile to US & List all Shares on Nasdaq, page-144

  1. 1,971 Posts.
    lightbulb Created with Sketch. 1975

    100,000 x 1c = $1,000
    100,000 x 2c = $2,000
    100,000 x 3c = $3,000.
    100,000 x 4c = $4,000
    ...
    100,000 x $1 = $100,000


    100:1 Consolidation
    1000 x $1 = $1,000.
    1000 x $2 = $2,000.
    1000 x $3 = $3,000.
    1000 x $3 = $4,000
    ...
    1000 x $100 = $100,000

    If the company evaluation gets to $1b, the share price will reflect it no matter what.

    It does not matter if you own 1000 shares with 1m shares on issues or 100,000 shares with 100m shares on issue, the Market Cap will be the same.

    What would I know I'm the worst investor lol

    /end rant




 
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Currently unlisted public company.

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