RFX 6.25% 9.0¢ redflow limited

That is interesting, my broker, CMC, seems to have done the...

  1. 3,821 Posts.
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    That is interesting, my broker, CMC, seems to have done the reverse, my net average is now 1/10 of the pre-consolidation value, showing a bit under 5c, and I show a holding of 1/10 of the pre-consolidation number of shares. My cost (total purchase price) is shown as 1/10 of what it was.

    My simple maths with the information that I see is that when the share price gets to 10 times the value of the net average that I now see then my original capital is retrieved, which adds up to me.

    But with what they have done I am shown as in the green, showing a modest profit, still. But I know if I sold now I realise an actual significant loss

    It took me a few minutes to figure it out on the consolidation morning, why had I gone from red to very green?

    I did double dip on the lowest priced CR, not this time though, mainly lack of shares that I was comfortable in selling earlier in the week, that FOMO thing.

    So I can now appreciate why what I wrote sounds totally screwed up tongue.png though it might make sense to someone using CMC stockbroking.

    I had a look, my first parcel was March 2016.
 
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Last
9.0¢
Change
-0.006(6.25%)
Mkt cap ! $23.78M
Open High Low Value Volume
9.6¢ 9.8¢ 9.0¢ $142.3K 1.506M

Buyers (Bids)

No. Vol. Price($)
2 25659 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.3¢ 5396 1
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Last trade - 15.17pm 21/06/2024 (20 minute delay) ?
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