SBR 0.00% 1.5¢ sabre resources limited

Ann: Update on Consolidation of Capital, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,565 Posts.
    lightbulb Created with Sketch. 2929
    With last traded price of 0.4 of a cent and a consolidation at 10 to 1, means share price should be trading 4cents after consolidation to hold the same market cap.

    Lets see if it does, usually consolidations lead to a lower market cap . Currently now its 3.5 c offered, thats a 12% drop due to consolidation.

    Same story, management raising and paying themselves great salaries, whilst share price constantly declines, they raise again, until there are so many SOI , then they consolidate and name change, and do the whole story again, and people forget about this history.
 
watchlist Created with Sketch. Add SBR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.