At 50:1, 0.009 multiplies to 0.45.
So that would probably be the post-consolidation opening buy price, with a sell price of 0.455 or 0.46 (all things being equal)
Trades at 0.01 now are effectively at 0.50
AUZ is a more extreme example. Buy/sell was 0.001 / 0.002 before consolidation. After a 20:1 consolidation, those prices became 0.02 and 0.04, but the stock opened post-consolidation at 0.02. Those who had bought at .002 had effectivly paid 0.04. The chart for the 3 months of 2010 show the story. Not pretty...
- Forums
- ASX - By Stock
- NWT
- consolidation is the only way forward
consolidation is the only way forward, page-21
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)