WFE 0.00% 2.4¢ winmar resources limited

But then wouldnt consolidation bad for share holders even if the...

  1. 731 Posts.
    lightbulb Created with Sketch. 123
    But then wouldnt consolidation bad for share holders even if the sp rises. For example if I have a million shares and its is being consolidated about 10 to 1. My new shares will only be 100k in total. Even is the sp rises to 1 dollar........ my 100k shares are only worth 100k doallrs. In that case its prob better to sell before consolidation if my profit is already pass 100k dollars.

    Do shareholders actually prefer consolidation? I rather let the sp rises to 1 dollar without consolidation even if it take years cause by then I actually worth 1 million as oppose to 100k.

    New investor here just trying to learn a thing or two from all the gurus on HC.
 
watchlist Created with Sketch. Add WFE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.