BGL 2.70% $1.81 bellevue gold limited

"Well, this is neither here but the par is still 20 cents...

  1. 4,659 Posts.
    lightbulb Created with Sketch. 14
    "Well, this is neither here but the par is still 20 cents because it was a reconstruction not a consolidation ie the 3. 70 mark is abstract but it was certainly 18.5 cents, cheers"

    It most certainly WAS $3.70 for everyone that was buying this stock. And it most certainly was a consolidation - go and check the ASX records:
    "01-Dec-2011 1:20 CONSOLIDATION"

    You are deluding yourself to argue otherwise. The people who were paying 15 - 18c in 2011 are NOT down 8 to 11c on their investment...they are down many, many multiples of that amount, and how you could write otherwise has me questioning your grasp of basic math.

    Coop
 
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