SER 6.25% 1.5¢ strategic energy resources limited

Ann: Saxby Exploration Update, page-9

  1. 1,110 Posts.
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    **ba, My understanding is that however many shares you hold will be reduced to 10 per cent off what you had but each share will be worth worth 10 times more. Average price doesn't come into it.

    So if you held 100,000 shares at .07 cents each (worth $700), you now hold 10,000 at 7c each (worth $700).
 
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