This is the 1st time that I have been involved in a share "consolidation", so like some others I am a bit confused. My original (volume) of BOE shares @.26c have now been divided by 8 and are now BOEDA @ $ 2.35 ish. If this is correct, why would investors feel that paying $2.35 per share is good value when they were paying .30c per share pre consolidation. The value of the company/project has not increased 8 fold has it. As a newby, it just seems to me that the benefit of investing in a company at a low share price of (.26c) with the potential for exponential share price increase, has been removed. Was hoping for a Disallowed, this would surely be unlikely now. From reading all of the posts, I feel that I must be missing something. would appreciate some clarity.
Ann: Update - Consolidation/Split - BOE, page-57
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BOE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.29 |
Change
-0.050(1.50%) |
Mkt cap ! $1.347B | |||
| Open | High | Low | Value | Volume |
| $3.40 | $3.41 | $3.25 | $13.86M | 4.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8076 | $3.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.30 | 24504 | 4 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| BOE (ASX) Chart |