If you transfer shares to AIM you will hold the same amount of shares with the current sp at AIM. recently it was 0.030 GBX= 0.0006 AUD.
Consolidation will depend on votes, Normally when Consolidation happens the total Value of your shares remains the same however some times you could lose some value.
Consolidation can help company to reduce the total amount of share supply and it can also help to increase share price as it may create more demand vs less supply.
IF RRS(RRL:LON) becomes debt free, with only about 150 million total share supply and having a profit making project then it may get you a good return on your investment, however there is a risk in every investment.
so as an example if you have 1 mill shares at AIM with current sp 0.030 GBX = 30,000 GBX
after consolidation 100:1
sp should be
10,000(After consolidation)x 3.00 GBX = 30,000( total value remains the same)
DYOR take decision at your own responsibility
RRS Price at posting:
0.1¢ Sentiment: None Disclosure: Held
