Has GGP now fallen 400% since the consolidation ?
It was a 25 to 1 share consolidation.
The last traded price prior to consolidation was .001 so after consolidation it should have re-listed at .025 but it is now last traded at .006 so .025/.006 = 4 or a 400% fall !
Say you held 5mil shares prior to consolidation. If you sold now you would get 5,000,000/25 = 200,000 shares X .006 = $1200
Only problem is that to sell 5,000,000 you would have to sell down to .002 as not many buyers so you may end up with $600 ?
- Forums
- ASX - By Stock
- Ann: Results of Meeting
Has GGP now fallen 400% since the consolidation ?It was a 25 to...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online