Morning star is correct.
As others have stated, you have 5x less shares worth 5x as much.
The stock has increased 7.6% from Friday in preconsolidation equivalent.
Your broker is looking at the price but clearly hasn't taken into account you have 5x less shares now.
Your account will show share value 0 because they are all being held in a deferred settlement (GXYDA). Don't worry it will come back in a few days after the consolidation is complete and if prices hold where they are now they will reflect the 7.6% rise. If you would still like to buy shares I believe you can do so using GXYDA.
- Forums
- ASX - By Stock
- Why is GXY consolidating
Morning star is correct. As others have stated, you have 5x less...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online