LUM lumacom limited
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When a stock is consolidated on a 10:1 basis. The theory is that...

  1. vendor
    6,900 Posts.
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    19/02/10
    18:23
    Post #: 6354158
    When a stock is consolidated on a 10:1 basis. The theory is that the shareprice alters accordingly as does the shares on issue.

    The usual market influences may effect any small discrepencies to the formula, when it commences trading, hence some stocks may trade higher or lower than the consolidation ratio.


    cheers
    LUM Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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