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0.00% 0.2¢ monto minerals ltd

Entitlement Of New Shares, page-25

  1. skiver
    1,009 Posts.
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    14/09/15
    19:53
    Post #: 15990412
    Correct me if I'm wrong but if you were to buy MOO shares currently even at 1c per share, after the consolidation of shares at 70:1 you would end up with significantly less capital.

    So my understanding is that say I bought 10m shares at 4c today = $40,000. Then after consolidation at (70:1) my I would have 142,857 shares with a value of 10c/share = $14,285.

    I hope I am wrong - can someone provide some clarity please.

    Thanks.
    MOO Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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