ELE 0.00% 0.5¢ elmore ltd

I found the consolodation information . It came out after I...

  1. 1,046 Posts.
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    I found the consolodation information . It came out after I logged off on Friday.

    As far as I can gather the capital raising is at 20cents and the consolodation is 1:4.

    These are two separate items and just because the capital raising is 20cents doesn't mean the share price after consolidation will be 20cents automatically.

    You didn't seem to believe me about prices falling but after a brief spike last time my holding went from $11 200
    to $3 200 after a 14:1. as the shares dropped back close to their original trading price.

    That is not to say it will happen with NSL but beware.


    Cheers
 
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