BML 0.00% 8.7¢ boab metals limited

Ann: Consolidation/Split - PMY, page-4

  1. 545 Posts.
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    The company has changed its name and to boab metals the ticket will change soon enough and your share amount has been consolidated from 25 to 1. There for if you own 250 000 shares you now own 10 000. Company's do this as they see positives for a few reasons. It's no big deal with a larger share price it will attracked more people as some investors will not touch a penny stock trading in the low cents. The bottom line is your shares are still worth the same. Now the share price can move a little easier instead of jumping 5%

    hope this helps

    Gltalth
 
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