VNX 0.00% 0.0¢ vonex limited

Vonex Ltd Investor Portal, page-68

  1. 233 Posts.
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    Greenleaf,

    Also, for all of us long termers converting from AWD to VNX, don't forget the earlier 15 to 1 consolidation on 12/5/2014.

    I phoned Vonex to confirm details of the earlier Consolidations up to 13/7/2016 and they confirmed as follows:
    (So if AWD holders started with 1 million shares, the last figure tells you what remained after each consolidation).

    12/5/2014 1 for 15 - 66,666
    12/7/2015 1 for 3 - 22,222
    13/7/2017 1 for 5 - 4,444
    Upon listing? 1 for 2 - 2,222

    2,222 x $0.20c = $444.44

    Obviously if you only bought in when Vonex listed, the earlier Consolidation may not all apply.
 
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