"someone who had 1,000,000 shares bought at 0.001" would be worth $1000
post consolidation you'd have 50:1 --> 20000 shares @ $0.05 = $1000
the problem lies with SP and market value post consolidation .... in some cases the value is reduced and the shares drop shortly after consolidation say i.e. 5 cents down to 3.5 cents now your holding is worth 20000 X $0035 = $700
this is why a consolidation is not always welcomed ....
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 585549 | 0.021 |
15 | 2703643 | 0.020 |
1 | 157800 | 0.019 |
1 | 500000 | 0.018 |
1 | 34000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 200000 | 1 |
0.023 | 2261002 | 4 |
0.024 | 1088090 | 8 |
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0.026 | 1599000 | 4 |
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