So..... If you had 10,000,000 shares bought at 0.005 cent = $50,000
You now have 2,000,000 shares (5:1 split) 5 x 0.002 = 0.01 cent = $20,000
At time of consolidation SP was hovering around 0.002 so you would have been down $30,000 anyway
So when the SP gets back to 0.025 cents (=0.005 x5 original buy price) 2,000,000 shares are worth $50,000 so no loss or gain!! only your original loss before consolidation!
If you had 2,000,000 shares you should now have 400,000! .............900,000 after consolidation would have given you 4,500,000 original shares?
That's how I see it ...Cheers
Happy to be corrected
RR1 Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
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