Ann: Entitlement Offer - Extension of Closing Date, page-47

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tanon

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24/05/24

19:20

Post #: 74000805
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Originally posted by Treed: ↑

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 though it might make sense to someone using CMC stockbroking.

I had a look, my first parcel was March 2016.

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To be clear, are you saying

The current sp x the number of shares you hold

plus

the net proceeds from any sale of shares

minus

the total amount of all money you have spent buying RFX shares on market and in CRs

is greater than $0.00 ?

RFX Price at posting: 11.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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Last 8.9¢		Change 0.004(4.71%)		Mkt cap ! $22.2M

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Ann: Entitlement Offer - Extension of Closing Date, page-47

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Ann: Entitlement Offer - Extension of Closing Date, page-47

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