JAV 0.00% 0.2¢ javelin minerals limited

I think you have it the wrong way. If the SP is say 1c, then...

  1. 365 Posts.
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    I think you have it the wrong way.

    If the SP is say 1c, then they will only do a 1 for 2 consolidation.
    if the SP is 0.09cm then its a 1 for 2.22 consolidation;
    if the SP is 0.08cm then its a 1 for 2.5 consolidation;
    if the SP is 0.07cm then its a 1 for 2.857 consolidation.

    Therefore, the worst case is a 2.857 consolidation.

    IF THE SHARE PRICE IS HIGHER THEN IT WILL BE A LOWER CONSOLIDATION.

    SO BEST NOT TO SELL!

    ANYWAY, LETS HOPE THEY CAN PROVIDE MORE DETAILS ON THE DEAL TO HELP US ALL GET SOMETHING OUT OF THIS ONE!
 
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