Hey guys, sorry I had read of the ANN but still can't my head around it. I understand the consolidation however I'm trying to see how it's going to affect someone's holding.
An hypothetical example where someone bought shares at .5c, . 0.6c, 0.7c and Averaging around say. .067c.
In a case like that, my average would be 6.7c after consolidation which means it would be lot easier to liquidate the shares and perhaps drop in value?
Am I on the right track with this?
Ann: Saxby Exploration Update, page-8
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1.5¢ |
Change
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Mkt cap ! $10.03M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $19.76K | 1.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 5119090 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1775295 | 4 |
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