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clock Created with Sketch. 30/11/21
18:27
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Originally posted by Goldrocks:
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Thanks to all, for your helpful advice regarding the consolidation. Just to clarify a couple of things. As alluded to in my original post, I was aware that the (number) of my shares had been reduced by a factor of 8, but with a similar increase in the (value) of these reduced number of shares. I was not under the illusion that my (original) share holding had skyrocked in value, so I was never in any danger of selling/giving them away to anyone. Yes I am aware that 10 shares @ $1.00 = $10.00 and 1 share @ $10.00 = $10.00.
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A base price on the NYSX for a decent blue chip stock was around 35 bucks a pop in 1997 onward.
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