GAL 0.00% 16.0¢ galileo mining ltd

Ann: Consolidation/Split - GAL, page-76

  1. 152 Posts.
    The only problem I see here buying at 0.010 or 0.009 is yes it maybe a great opportunity however we need to take into account the consolidation... to be buying at 0.008 will get you the pre consolidation price of 0.016 (effectively where a lot of people bought including myself).

    Using a little forsight here you will need to be aware that when the consolidation goes ahead you will need twice the amount of gains in share price to achieve the same growth in pre consolidation. So @Schumacher, buying at 0.009 probably isnt the greatest entry mate, realistically 0.007 would be a 0.014 entry pre consolidation (a good entry 2 weeks ago ).

    Its a shame how the value will stay the same after consolidation, hopefully the gains we see also compensate the 1 for 2 pineapple...
 
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