-
Share
38,184 Posts.
4
23/12/10
12:48
Share
Regarding the share price increase .
Molopo did a cap raising on 23/11/06 which was 3.7 cents per share .
3.7 x 5 ( consolidation ) = 18.5
$1.045/18.5 = 5.6
So factually , the share price increase is accurate. Of course , that's over 4 years.
However , one could argue :
12 mth price diff. $1.32 down to $1.04 today. A decline of approx 21%.
or
2.5 years - 1/7/08 $ 2.03 down to $ 1.04 a decline of almost 50%.
Just depends on how you spin it.
Up almost 3% at the moment. Looks like someone's buying !
-