MUI 0.00% 0.0¢ mui corporation limited

ahh I was under the impression that if they are going to be...

  1. 36 Posts.
    ahh I was under the impression that if they are going to be issuing new stock at a consolidation, then our stocks will be diluted. Example, I have 1k worth of stock at 0.002 so about 500,000 stocks.. so it is down to 0.001 now. So I have 500,000 stocks valued at $500.

    I the stocks are being listed at 10 cents, and my stocks are consolidate 50:1, In order to equate it will need to be 10,000 stocks at 10 cents = $100.

    Is this correct? Sorry still trying to get my head around it all.

    thanks,
 
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Currently unlisted public company.

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