KGL 1.04% 9.5¢ kgl resources limited

consolidation on the cards, page-15

  1. 87 Posts.
    Yes ben the SP will go up by 10 x but the market cap remains the same which means you now hold 10 x less shares. i.e if you hold 100,000 shares at 10c after consolidation you will hold 10,000 shares at $1.

    Sounds dangerous to me and to release to market on a 100 point down day is interesting also..

 
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