"Share price will be 50 x 1.7c = 85c each."
In theory, yes, but in reality - and based on observation of other companies' share consolidations - the SP is more likely to be less than 85c.
(As a wise person said: "In theory there is very little difference between theory and practice; in practice there's a hell of a lot of difference." )
Ann: Consolidation/Split - MGT, page-14
-
- There are more pages in this discussion • 331 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $28.54M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 29.0¢ | $10.12K | 34.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55000 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 55844 | 3 |
View Market Depth
| Last trade - 15.58pm 03/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |