Ann: Consolidation/Split - LKO, page-15

your right, 5,000,000/1,000= 5,000 shares
But 1,000 x 0.001 = 1c per share!
so if you bought originally at $5,000 then you got 5 million shares but now it's 5,000 shares.
but your SP instead of useless 0.001c is now valued at 1c.
That's if the market adjusted to that!!
I was ripped off in another consolidation where instead of the value it should be, it devalued by so much!!
I'm selling out before them, lesson learned!!!