ELE 0.00% 0.5¢ elmore ltd

Ann: Trading Halt , page-55

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  1. 3,590 Posts.
    lightbulb Created with Sketch. 599
    Interesting way of working it out rich :)
    post consolidation depending to what they are consolidating to ie 1:5 or 1:10, its whatever shares you hold divide the consolidation ratio.

    so if you hold 100,000 shares and they say 1:10 consolidation to 20c you will have 10,000 shares @ 20c, that is equivilant to the share price being at 2c pre consolidation.
    This is why nsl also went down dramatically 2 yrs ago in regard to consolidation 1:4 @ 20c when the share price was 10c pre conolidation.
    Much better this time round...

 
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