I bought 60,000 CLZ at 8/10 of a cent. The board instituted two consolidations, the first 150 /1 and the second 50/1. This caused a 50x150 = 7,500 reduction in my number of shares. 60,000 divided by 7,500 equals 8. The consolidations reduced my 60,000 to 8 shares that I still hold, which are worth less than one cent.
Can you imagine the uproar if BHP did this?
I bought 60,000 CLZ at 8/10 of a cent. The board instituted two...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.790M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CLZ (ASX) Chart |
Day chart unavailable