the number of shares you and other shareholders own have been divided by 20. You own less HAS shares now. The price of each share has however been increased by 20. So there is no monetary impact to your investment.
the consolidation was triggered at 20c. 20cents is now $4.
Don't get confused by charts on google etc. They go haywire during the consolidation periods and don't know what price to chart.
Some of those who sold near $3.5 were probably misinformed/ignorant thinking they were making a massive profit. the SP is now back at about $4 where it should be.
There is usually always some underhand bs during consolidation and some shareholders are able to profit. Good example would be those who own cheap options at really low strike prices. This doesn't apply to HAS though. I could not fault the consolidation. It looked fair for retail.
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HAS
hastings technology metals ltd
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25.5¢

Ann: Consolidation/Split - HAS, page-37
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $48.16M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 25.5¢ | $93.07K | 358.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 99442 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 47049 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21000 | 0.260 |
5 | 110324 | 0.255 |
6 | 39000 | 0.250 |
3 | 32244 | 0.245 |
6 | 118998 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 8606 | 1 |
0.260 | 53779 | 4 |
0.265 | 12002 | 2 |
0.270 | 3307 | 3 |
0.285 | 10020 | 1 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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