AUZ 0.00% 0.8¢ australian mines limited

consolidation, page-2

  1. 1,411 Posts.
    Hi Materialman,

    No a consolidation does not mean you have lost half your capital.....it means that on the day of the consolidation you have less shares but at a higher price. Don't know what AUZ consolidation factor was but if you bought say 1000000 shares at 0.002 and they consolidated 10 for 1 then you would now have 100000 shares at 0.02 straight after the consolidation.....then the price will do as it may and go up or down.....
 
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