Yes that is true ,if you got your shares at .005 and you consolidated now its fine ,but for many of us that paid over the 0.001 we lose 50 % just to start with and I am sure lots of share holders paid a lot more ,now after consolidation the price start to drop by 0.005 that will mean a big drop .but if the bring the share price up to about 0.012 and made it about 50/1 most share holders would not mine ,lose not to great .
- Forums
- ASX - By Stock
- EGO
- consolidation. drop in value?
consolidation. drop in value?, page-14
Featured News
Add EGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online