Stock consolidation. Ratio on page 4 of the announcement is 20:1. So in really simple terms, the number of shares on issue will be divided by 20, the stock price will be multiplied by 20. There will be no immediate effect on the value of your holding. Interesting that someone mentioned Lynas, I was a LYC holder when they pulled a 10:1 consolidation in 2017 and it’s worked out well for them.
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Stock consolidation. Ratio on page 4 of the announcement is...
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5 | 56005 | 0.295 |
10 | 111121 | 0.290 |
4 | 26348 | 0.285 |
6 | 116541 | 0.280 |
Price($) | Vol. | No. |
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0.315 | 14967 | 1 |
0.320 | 7488 | 1 |
0.335 | 5500 | 1 |
0.340 | 52322 | 2 |
0.345 | 275 | 1 |
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