"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
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $18.93M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.5¢ | $3.23K | 16.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14442 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 12000 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| MGT (ASX) Chart |