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0.9¢ creso pharma limited

Of course it now all depends on TRIP's share price. If TRIP also...

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pierre23

2,665 Posts.

1187

17/06/21

12:22

Post #: 53897092
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Originally posted by AlbertE: ↑

Yes. You get 0.395 shares but if the new entity is re-valued to 45-50c. Then the value of your shares would be greater than currently. Your new shares will have a SP at the new entities price which is around 0.38c but should go higher over time.

Once the SP of the new entity gets over 42c then you are ahead compared to selling at 16.5c currently.

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Of course it now all depends on TRIP's share price. If TRIP also falls on the other hand, then you will be at a far greater loss as your holdings are being diluted into the ground.

CPH Price at posting: 16.5¢ Sentiment: Sell Disclosure: Held
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