Ill field this one. Hi Ogey, when companies are complete heaps of crap, like AUL, they do these things called 100 to 1 share consolidations, because there are billions of shares on issue, and the stock is a bit of a joke and trading at a fraction of a cent. Said company then consolidates the number of shares by a ratio of 100 to 1 and this should in theory lift the share price by 100 times giving the impression that the company has a strong shareprice in order suck newbies in. It rarely works though and usually results in further erosion of value of the shareholders investment. I hope this explanation is helpful. cheers
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Ill field this one. Hi Ogey, when companies are complete heaps...
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