if u bought in at 3 cents on around 21st of october before this company went into administration ..
say if you have 100,000 shares at 3 cent = $3000
$3000 divided by the 100 for 1 consolidation ... you end up with 1000 shares
$3000 by 1000 shares equates to $3.00 a share to break even ..
so for me 50% profit is rubbish ... it is still a loss...
you must be a new investor that has bought in after the company folded . you would of not purchased many shares at the low price you state of around 16 cents ... as for everything traded was at small volumes ... so your profit would be minimal ..
you are just stirring the pot because you finally made a few hundred dollars . what a smart guy !! ??
TNC Price at posting:
33.0¢ Sentiment: Sell Disclosure: Held
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