BLY 0.00% $2.91 boart longyear group ltd

Share consolidation, page-4

  1. 126 Posts.
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    Consolidation means the number of shares you hold will be reduced by a factor of 300.

    300 is the number nominated by the BLY board.

    ie. say you have 300,000 shares now, after consolidation you will have 1,000 shares.

    The actual $ value at the time will not change, only the numbers of shares you hold.

    I suggest this consolidation will limit the future potential share price rise. Not good for a small investor.

 
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