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"does not go up by the same amount"?If I buy shares worth $4k at...

  1. mightypirate
    551 Posts.
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    22/11/19
    00:34
    Post #: 41567739
    "does not go up by the same amount"?

    If I buy shares worth $4k at $0.004 per share, that gives me 1 million shares. If they consolidate 100:1, then I'm left with 10,000 shares worth $0.40 each, giving me the exact same relative holding as before, and my shares will still be worth $4k. A consolidation has no impact on your relative holding. The resulting market cap remains the same.
    CIO Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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