Hi Materialman,
No a consolidation does not mean you have lost half your capital.....it means that on the day of the consolidation you have less shares but at a higher price. Don't know what AUZ consolidation factor was but if you bought say 1000000 shares at 0.002 and they consolidated 10 for 1 then you would now have 100000 shares at 0.02 straight after the consolidation.....then the price will do as it may and go up or down.....
consolidation, page-2
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $15.38M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $13.72K | 1.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3794580 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1117160 | 5 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |