AEV 0.00% 0.5¢ avenira limited

News: AEV Avenira Receives Mining Authorisation For Direct Shipping Ore Operations, page-331

  1. 12,228 Posts.
    lightbulb Created with Sketch. 626
    a consolidation must be on the card??
    neverless .. it will go with the market cap??
    so
    i you buy say at 0.005 market cap average 12 millions,,
    and market cap go 50 millions = shares =0.021 cps = you make..
    if recontruction say 50 to 1
    = if you bought 1 million shares at say average 1 cent= cost = 10000 dollars=
    -and you will have after RE = 1 millions divided by 50 = 20000 shares at 25 cents per shares = 5000 dollars
    so you end up
    loosing 5000 dollars
    correct me if i wrong
    this proforma formula could apply to many stocks waiting for reconstruction process


    Last edited by pakkham: 18/06/24
 
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