BLV 0.00% 1.6¢ blossomvale holdings ltd

why not a 1 for 1 at 18c same amount

  1. 26,668 Posts.
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    if they did a 1 for 1 at 18c it mean half the shares....why do a 3 for 1...its like having a pie and saying 2 pieces or 4..its the same pie.
    Fortunately i sold out my real shares and my cfd's...if you read my previous posts on nms i stated that. I feel for the holders at the moment.
    Can the holders do anything? Can it be switched to a 1 for 1?
 
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