MON 0.00% 29.5¢ monarch gold mining company limited

capital reconstruction

  1. al1
    2,005 Posts.
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    On the 8th of Nov 07 Monarch announced it would do a capital consolidation on a 1 share for every 3 held.

    It intends to do this before listing on the Toronto Exchange...

    Generally when we see an announcement like this we soon see a fall in the share price...it appears to be holding up well at the moment but care should be taken ...watch for any signs of a sell down
 
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Currently unlisted public company.

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