Hi all... I'm new to this.... what exactly does it mean that the...

  1. 21 Posts.
    Hi all... I'm new to this.... what exactly does it mean that the company is "proceeding with $0.07 per share Return of Capital and Share Consolidation"??

    Does it mean that if I own 10,000 shares now, i will get (10,000 x 0.07) = $700
    Afterwhich my 10,000 shares will be reduced by the same amount?
    I guess the bottom line is, do we gain any $$ as a shareholder of this company??

    Thanks for the clarification in advance....
 
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(20min delay)
Last
31.0¢
Change
-0.010(3.13%)
Mkt cap ! $222.7M
Open High Low Value Volume
31.5¢ 32.5¢ 31.0¢ $254.1K 811.0K

Buyers (Bids)

No. Vol. Price($)
9 378718 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 94474 2
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Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
A1M (ASX) Chart
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