Hi The consolidation talk iam trying to get my head around. So if i hold 200k shares and they consolidate at 10:1 then i only hold 20K of GML and the SP would go to .30 (so my holding value is the same) but my earning value has decreased by 10
So for every 1 cent the SP moves north from .30 i make $215 but if they didnt consolidate i would be making $2000 for every 1 cent SP increase above .03 What am i missing.
GML Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
