Not sure how this benefits shareholders... for example, if I held 1,000,000 shares in a company that had 100,000,000 shares on issue (a 1% holding), then by receiving 1 share for every 200 shares held I end up with 1,005,000 shares in a company that now has 100,500,000 share on issue (still a 1% holding).
Seems quite neutral to me. Or am I missing something?
- Forums
- ASX - By Stock
- Ann: Bonus Issue of Shares
PET
phoslock environmental technologies limited
Add to My Watchlist
0.00%
!
2.5¢

Not sure how this benefits shareholders... for example, if I...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PET (ASX) Chart |
Day chart unavailable
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online