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0.5¢ inca minerals limited

Ann: Update - Consolidation/Split - ICG, page-47

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shan0861

478 Posts.

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17/08/20

10:10

Post #: 46585383
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Originally posted by Mattminton79: ↑

They aren’t consolidating with anyone.. there is an announcement that will give you specific information on the details of the consolidation that may be helpful...

As robamac explained pretty succinctly, the total amount of shares currently on the register of ICG is being reduced from roughly 4 billion to 200 million.. this is called a consolidation.. and it still needs shareholder approval to execute..

Only you can decide when and where to invest.. however as an example:

If you buy 1 million shares at .003 today, (and for ease, the share price stays the same last day of trade before) after consolidation you would own 50,000 shares at .06 as the ratio is 20:1..

Investopeadia will be a good starting point if you’re new to trading..

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great. thanks for your sentiment. appreciated

ICG Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.5¢		Change -0.001(16.7%)		Mkt cap ! $4.078M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$16.15K	3.202M

Buyers (Bids)

No.	Vol.	Price($)
4	1077973	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	1025339	4

View Market Depth

No.	Vol.	Price($)
4	1077973	0.005
9	7804194	0.004
13	19206780	0.003
4	4399980	0.002
3	6199950	0.001

Price($)	Vol.	No.
0.006	1025339	4
0.007	1447760	5
0.008	450000	2
0.009	1033282	3
0.010	1000000	1

Last trade - 13.11pm 28/10/2024 (20 minute delay)

ICG (ASX) Chart