SXY
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0.00% $4.60 senex energy limited

Hi all,Have been caught napping here so deeply appreciate...

  1. gee321
    30 Posts.
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    24/03/21
    13:25
    Post #: 52003586
    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
    SXY Price at posting: 36.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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