My understanding : at 45:1 consolidation- 45.000.000 mil share will become 1.000.000 mil shares (45 mil shares@ 0.001=$45000 .....1 mil shares@ 0.05=$50.000 (as long as re rating is 1 share=0.05c -all good here ....but.....Now....if buy at 0.002c per share ,45mil [email protected]= $90.000.... SO after consolidation (45mil shares=1mil shares) and re rating @0.05c i will be in loss $40.000 ,unless the share price opens at 0.09c( 1mil [email protected]=$90.000 -just to get even?!?!?).....the other thing about the CR offer 8:3 someone was saying onHC today that the CR will be open to public and not shareholders exclusive...again...is that right?!?! Has anyone else worked this out differently..pls..would like to hear other people opinions
MOO Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
