No mate, you would not lose out on a share consolidation. Imagine you have 100,000 shares , currently quoted at 3.7 cents. Under a 1 for ten consolidation, you would end up with 10,000 shares at 37 cents, so you shouldn’t lose out. I say shouldn’t because ultimately I guess the market would determine the price a short while after the consolidation. As a generalisation, I think most people would see a share consolidation of QBL/CGB as a positive move. All IMHO, GLTAH & DYOR.
- Forums
- ASX - By Stock
- CGB
- Ann: 6th Supplementary Prospectus
Ann: 6th Supplementary Prospectus, page-48
-
- There are more pages in this discussion • 184 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online