FGF 0.00% 18.0¢ first growth funds limited

Ann: Consolidation/Split - FGF, page-16

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  1. 733 Posts.
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    So the share price was 0.9c and you bought at 0.9c - say you bought 20,000 shares.

    Thats 20,000x0.9c = $180 invested

    Now you have 1,000 after the consolidation. Congrats!

    So in order to have the same amount invested ($180) you would either need FGF to either re-enlist on the ASX with a share price of AUD 18c now. Nice!

    Or, when in fantasy world your 1,000 shares gets taken to Canada, it needs to list at 16c. Gonna happen!

    What's the market cap of FGF now, dont forget they just announced a $4.5m loss (great work!) -- do you think its possible to list on the CSE at 16c a share?

    or maybe even higher, 50c a share. lololol.

    my god the fact you need to explain this to people is absurd.
 
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