WMT western metals limited

Methinks you're confusing a split with a consolidation.WMT are...

  1. NightStalker
    5,802 Posts.
    lightbulb Created with Sketch. 97
    clock Created with Sketch.
    24/04/09
    16:25
    Post #: 5050968
    Methinks you're confusing a split with a consolidation.

    WMT are doing a consolidation - so for every 10 shares you now own, you will own 1, but it will be worth 10 times as much per share.

    And if you want to buy back in after 5th May, you will only need to buy 1/10 of the number of shares. If the price per share doesn't change (10 x the current price) then it will cost you the same.

    WMT Price at posting: 45.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Austral Resources to Acquire Rocklands to Transform North-West Queensland Copper
right-arrow Created with Sketch.
NEWS Outstanding Drill Results Define New High-Grade Iris Zone at Apollo Hill
right-arrow Created with Sketch.
NEWS High-Grade Niobium Intercept Delivered by Initial Drilling at Joyce
right-arrow Created with Sketch.
NEWS Diamond Drilling Expands Scale of Fiesta Copper Project After Intersecting Mineralisation
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.