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clock Created with Sketch. 07/03/15
21:58
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so if the share at the moment is 0.012 after consolidation it would be 0.018 and if you had 250000 after consolidation you would then have only around 16000 so instead of having 125000 dollars @ say 50 cents you would then only have around 8000. No not happy .
Originally posted by Consolidated Fuzz
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Fox,"The shares are only granted when the share price reaches certain heights, so it's performance based right?" That is correct, that is why they are called performance rights."Therefore he will not be receiving them until we are out of the woodwork anyway?" "But if the shares are consolidated, that would make it easier for the SP to reach those targets, which would look good but effectively be a loss to our shrunken share holdings." "Also from my understanding, if our shares are consolidated then the share price will rise by the same amount? So our SP will change from 1.2 roughly, to 18c?" "But then when our capital shares are doubled, that will then Be halved? ""Screwing us all over, but making it an easier job for RM."
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