WRM 0.00% 6.3¢ white rock minerals limited

Buy more now or wait til consolidation, page-94

  1. 170 Posts.
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    It is a 1:100 consolidation. So your 1,000,000 shares get divided by 100 to get 10,000.
    Your cost basis of A$0.007 is multiplied by 100 to get A$0.70. So the total value is the same,
    that is, 1,000,000 X $0.007 = 10,000 X $0.70 = $7000

    What is so hard to understand???
 
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