it really makes no difference when the consolidation takes place. the dollar amount you own will remain the same. the dilution is the same.
the benefit of a consolidation would be to remove the volatility attached to shares trading below 10c or 20c so that the minimum bid/ask must be in 1c increments instead of 0.1c/0.5c.
no real point in consolidating until after the CI/rights issue. otherwise they will need to do one now and another one after. better just to do the one after.
- Forums
- ASX - By Stock
- BBI
- breaking news ...street talk p22
breaking news ...street talk p22, page-40
-
-
- There are more pages in this discussion • 4 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 BBI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online