OZL oz minerals limited

ten for one, page-11

  1. asf
    9,887 Posts.
    Yes, it's 10 for 1, so each OZL share becomes $18 or so. It would be called a share split if it was 1 for 10. FMG did a share split and made a $10 share into a $1 share, saying mums and dads could get in, but thing is $1000 worth of shares is the same whether they cost $1 or $10. Buying $1000 of OZL will still cost the same, so you just get less shares for more per share = exactly the same outcome.
 
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