It hasn't been decided on as it isn't their highest priority...
I would say 10:1 is likely as that would bring it back to ~400M but not going to rule out 20:1 either as that would be ~200M which would be very low.
However the consolidation by itself wouldn't change anything except the SOI.
Using 1M shares as a basis;
1M @ 1.5c = 15k (on 4Bn SOI is 0.025% ownership)
100k @ 15c = 15k on a 10:1 consolidation (on 400M SOI is 0.25% ownership)
50k @ 30c = 15k on a 20:1 consolidation (on 200M SOI is 0.25% ownership)
So if someone wanted to sell 1/2 their holding they would either be selling 500k, 50k or 25k depending on which situation but on all of them they would be receiving $7,500 in consideration.
However because you see it as such an issue it could actually improve the over MC/SP overall since it seems to be an issue for some.
- Forums
- ASX - By Stock
- 2.87 Billion shares Dilution of ESH
It hasn't been decided on as it isn't their highest priority...I...
-
-
- There are more pages in this discussion • 279 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LU7 (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.126M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.1¢ | $22.24K | 1.820M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 768818 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 207872 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 768818 | 0.011 |
6 | 844000 | 0.010 |
1 | 100000 | 0.009 |
1 | 120000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 207872 | 1 |
0.013 | 290000 | 1 |
0.014 | 672384 | 5 |
0.015 | 830000 | 3 |
0.016 | 1046400 | 3 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
LU7 (ASX) Chart |