Not knowing how a consolidation works, doesn't the value remain the same and only the number of shares on offer reduced.
So 100 000 shares @ current shareprice 2.9cps = $2900. Post consoldiation 10 000 shares @ post consoldation shareprice 29cps = $2900.
My asumption is the market cap of the company remains the same so 10 000 shares has the same value as 100 000 post consoldiation.
Not knowing how a consolidation works, doesn't the value remain...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)