My apologies if I have this wrong.
For every 100,000 shares held, this will consolidate to 1,000 shares at 100:1
Every 100,000 shares held at present is equal to $1,000 at 0.01 cents
So I presume then that the 1,000 consolidated shares will need to be $1 each to have the same monetary value of $1,000.
Maths has never been my strong point.
Ann: Consolidation/Split - FAR, page-19
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