ETM 4.76% 2.0¢ energy transition minerals ltd

Ann: Notice of General Meeting/Proxy Form, page-82

  1. 8,510 Posts.
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    Hi He'sElite

    What happens with consolidation is not a matter of opinion, it is a factual matter.

    You motor car analogy is irrelevant.

    Try this, from experts:

    After a share consolidation, a current shareholder holds fewer shares, but each share is proportionately worth more.

    As a result, share consolidations do not change the aggregate value of what shareholders own or the overall market capitalization of the corporation.

    For example, if a corporation’s shares are trading at $1 a share and the corporation declares a one-for-10 share consolidation, every 10 outstanding shares held by a shareholder becomes one share with a value of $10."


    https://ca.practicallaw.thomsonreuters.com/6-568-9086?transitionType=Default&contextData=(sc.Default)&firstPage=true
 
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