BOE 4.58% $2.92 boss energy ltd

Ann: Trading Halt, page-42

  1. 2,342 Posts.
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    @mm00712345

    Good on you for asking in such a polite manner and trying to do your research first ... FYI share consolidation eg

    let’s say you have 10,000 shares at 10c = $1000 worth of shares

    the company doesn’t like have xxxmil (or bil) of shares on issue at such a low price (various reasos for another day) so they decide to do a share consolidation and you end up with;

    1,000 shares at $1 = $1000 (same money different amount of shares)


    Last edited by Watchfulbull: 25/03/21
 
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