CGB 0.00% 2.1¢ cann global limited

No mate, you would not lose out on a share consolidation....

  1. 124 Posts.
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    No mate, you would not lose out on a share consolidation. Imagine you have 100,000 shares , currently quoted at 3.7 cents. Under a 1 for ten consolidation, you would end up with 10,000 shares at 37 cents, so you shouldn’t lose out. I say shouldn’t because ultimately I guess the market would determine the price a short while after the consolidation. As a generalisation, I think most people would see a share consolidation of QBL/CGB as a positive move. All IMHO, GLTAH & DYOR.
 
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