Hi all,
Have been caught napping here so deeply appreciate guidance: we consolidated 1 to 8 so effectively
Total New shares = Total Old Shares/8
New cost base = Old Cost base * 8
Did I get the basic arithmetic correct? Also, what's the point of consolidation? Is it to get investor interest from higher order FM?
thanks
G
Ann: Update - Consolidation/Split - SXY, page-83
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